2014 Made A Lot Of Promises; Can The 2015 Deliver?

# New Guidelines of License

On-tap licensing means the RBI window for granting banking permits would be open throughout the year. “The policy guidelines would be published initially on the public domain for inviting suggestions from the stakeholders after which applications would be invited,” he said.

“The Reserve Bank of India would soon come out with policy guidelines for differentiated banking licenses which would be given on tap,” Deputy Governor of the Apex Bank, R Gandhi, said.

"The RBI will soon come up with policy guidelines in differentiated banking licenses within a short period of time", R Gandhi told the reporters on the sidelines of ICC Banking Summit.

# Opportunistic Business growth in New Year and respite on asset quality

New Year, new hopes and probably with new reforms and economic activities gearing up, banks are the happiest ones to look for new revivals in business growth in 2015 as 2014 did not fare well.

As far as the respite on asset quality is concerned, between March 2013 and September 2014, gross non-performing asset as a percentage of gross advances went up sharply from 3.4 per cent to 4.5 percent.

Similarly, stressed asset ratio of banks - gross NPA and standard restructured advances - rose from 9.2 percent to 10.7 percent. Banks are hoping for the New Year to bring along low interest rates.

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