Indiabulls may choose a new name for its banking venture as it wants to begin on a clean slate.

"If a very few bank licences are given out, which is the expectation, I really do not see the margins of banks coming down," says Hemindra ...

P Chidambaram today expressed the hope that Reserve Bank would expeditiously formulate guidelines for setting up new banks.

The rules for new banks should promote safety and push inclusive banking.