New banking license norms 2013-2014:

  1. Paid-up capital should be equal or greater than 500 Cr.
  2. CAR = 13%
  3. Priority sector lending 40%
  4. New banking license committee setup by Dr. Vimal Jalan.
  5. Guideline of the new banking license IDFC and Bandhan Bank.
  6. 10 years success history