MUMBAI, April 2 The Reserve Bank of India
Governor Raghuram Rajan said on Wednesday a final call on
issuing new bank licenses would only be given after a decision
is reached by the central bank board committee, without
providing a specific timeline.
Rajan, in an interview with CNBC-TV18, also called issuing
new bank licenses a "regulatory" process that should not come to
an end because of a change in government.
On Tuesday, the election commission allowed the RBI to
announce new bank licences even before the general elections
conclude next month.
(Reporting by Mumbai treasury desk; Writing by Neha Dasgupta;
Editing by Rafael Nam)