In a conversation with CNBC-TV18, Goyal said that his party and several others in the standing committee had opposed the process of selection of licencees.
The wait for new bank licences may get even longer. The Election Commission has postponed its meeting to decide if the Reserve Bank of India (RBI) may issue bank licences. And while the Election Commission is yet to take a decision on new bank licences, BJP's national treasurer Piyush Goyal has said that the RBI should be stopped from issuing licenes just a month before a new government is formed;
In a conversation with CNBC-TV18, Goyal said that his party and several others in the standing committee had opposed the process of selection of licencees.
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