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India needs big promoter-led banks, and the RBI needs sharp sleuths to oversee them

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India needs big promoter-led banks, and the RBI needs sharp sleuths to oversee them

In a span of a week, the Reserve Bank of India (RBI) has not only allowed a foreign bank to buy a private sector bank, and thereby gain more footprint in India but is now also thinking of opening the gates of banking to big conglomerates.India’s banking regulator seems to have tuned into American singer Bob Dylan’s “the times they are a-changing” yet again.

In a span of a week, the Reserve Bank of India (RBI) has not only allowed a foreign bank to buy a private sector bank, and thereby gain more footprint in India but is now also thinking of opening the gates of banking to big conglomerates. What’s more is that big non-banking finance companies (NBFC) should turn themselves into mainstream banks.These are two of the many recommendations made by an internal working group. To be sure, these recommendations have been made in the past too. But the RBI has so far avoided being too lenient on giving out banking licences. In the last round of universal bank licensing six years ago, only two candidates made the cut and none of them were big conglomerates.

However, analysts feel this time the RBI may indeed warm up to the idea. The rationale is simple. The Indian economy needs big banks promoted by deep pocketed entities that can easily finance the needs of the economy. “For a capital starved banking sector, the only way is to tap domestic promoters to grow. I think some of the recommendations are path breaking if adopted,” said Abizer Diwanji, partner and national leader- financial services at E&Y. Diwanji believes that the RBI may first allow big NBFCs to turn them into banks. Such lenders already have the track record needed. Some of them also have robust processes that rival that of banks. “We need large scale lending in India and NBFCs turning into banks will help this,” said Diwanji. Analysts believe that NBFC shares may gain although these are just recommendations and not rules yet.While RBI may be softer on NBFCs, it may be tough to convince for giving licences to big conglomerates. To be sure, the working group has recommended that licences be given only once the Banking Regulation Act 1949 is suitably amended. This may take time. Also, the complex structure of large conglomerates make it difficult for the RBI to oversee them. “Big corporates getting licences may not be soon because the RBI will want to first ensure governance structures and supervisory rigour,” said Diwanji.

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This rigour has come under question. While the RBI has tightened regulations enough to avoid nasty surprises, its supervisors have not been able to fish out dodgy transactions. Within two years, two large NBFCs and three banks have gone under. In the end, the regulator has been blamed for either waiting too long to rescue a bank or completely missing the problem. But the RBI has begun to plug the holes. In the past months, it has built a separate cadre of supervisors and also beefed up training.

Big conglomerates and NBFCs may find themselves closer to a bank licence than before. But the RBI won’t give in until it has all the shields in place.

Also Read: BIGG BOSS 14: KAMYA PUNJABI COMPARES KAVITA KAUSHIK TO SIDHARTH SHUKLA, CALLS PAVITRA’S OUTBURST ‘JOKE OF THE SEASON’

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SSC Exam Calendar 2025

SSC Exam Calendar 2025 revised, check CGL, CHSL, SI in Delhi Police, MTS, JE and other exam dates here

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SSC Exam Calendar 2025 revised, check CGL, CHSL, SI in Delhi Police, MTS, JE and other exam dates here
  • The updated Exam Calendar 2025 has been made public by SSC. Here, candidates can view the dates for the Delhi Police, MTS, JE, CGL, CHSL, and SI exams. The updated timetable for the SSC exams in the 2025–2026 session has been made public by the Staff Selection Commission, or SSC. The updated schedule is available on the official website at ssc.gov.in for candidates who wish to take any.
  • The updated calendar states that on June 5, 2025, the announcement for the Stenographer Grade “C” & “D” Examination, 2025, will be made, and registration will open that same day. The exam will take place from August 6 to August 11, 2025, and the application deadline is June 26, 2025. Similarly, registrations commission’s examinations.
  • The Staff Selection Commission (SSC) has released the revised examination calendar for the 2025–26 session, detailing updated notification, registration, and examination dates for major recruitment exams such as CGL, CHSL, SI in Delhi Police, MTS, JE, and others. Candidates can access the complete schedule on the official SSC website at.

  • Key Exam Dates and Details
    1. Combined Graduate Level (CGL) Examination 2025
    Notification Release: June 9, 2025
    Application Period: June 9 to July 4, 2025
    Exam Dates: August 13 to August 30, 2025

  • Mode: Computer-Based Examination (CBE)
    2. Combined Higher Secondary Level (CHSL) Examination 2025
    Notification Release: June 23, 2025
    Application Period: June 23 to July 18, 2025
    Exam Dates: September 8 to September 18, 2025

  • Mode: CBE
    3. Sub-Inspector in Delhi Police and Central Armed Police Forces (CAPFs) Examination 2025
    Notification Release: June 16, 2025
    Application Period: June 16 to July 7, 2025
    Exam Dates: September 1 to September 6, 2025

  • Mode: CBES
    4. Multi-Tasking (Non-Technical) Staff and Havaldar (CBIC & CBN) Examination 2025
    Notification Release: June 26, 2025
    Application Period: June 26 to July 24, 2025
    Exam Dates: September 20 to October 24, 2025

  • Mode: CBE
    5. Junior Engineer (Civil, Mechanical, Electrical) Examination 2025
    Notification Release: June 30, 2025
    Application Period: June 30 to July 21, 2025
    Exam Dates: October 27 to October 31, 2025

  • Mode: CBE
    6. Stenographer Grade ‘C’ & ‘D’ Examination 2025
    Notification Release: June 5, 2025
    Application Period: June 5 to June 26, 2025
    Exam Dates: August 6 to August 11, 2025

  • Mode: CBE
    7. Selection Post Examination, Phase-XIII, 2025
    Notification Release: June 2, 2025
    Application Period: June 2 to June 23, 2025
    Exam Dates: July 24 to August 4, 2025

  • Mode: CBE
    8. Combined Hindi Translators Examination 2025
    Notification Release: June 5, 2025
    Application Period: June 5 to June 26, 2025
    Exam Date: August 12, 2025

  • Mode: CBE
    9. Delhi Police Examinations (Constable, Head Constable, AWO/TPO) 2025
    Notification & Registration: July to September 2025
    Exam Dates: November to December 2025
    Mode: CBE

  • How to Download the Revised SSC Exam Calendar 2025–26 Visit the official SSC website Navigate to the “For Candidates” section and click on “Examination Calendar.” Click on the link titled “Revised Tentative Calendar of Examinations for the Year 2025–26.” The PDF will open; download and save it for future reference Additional Information.
  • The SSC examinations are conducted in Computer-Based Examination (CBE) mode across various centers nationwide. The revised calendar aims to provide candidates ample time to prepare and plan for the upcoming examinations. For detailed information on each examination, including syllabus, eligibility criteria, and application procedures, candidates are advised to refer to the official.
  • Notifications released on the SSC website For more details and updates, visit the , registration, and examination dates for major recruitment exams such as CGL, CHSL, SI the complete schedule on the official SSC.
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

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