How do you establish a private bank in India?

Answer 1

I think it is not a big one task for establishing a private bank in India. Establishing is not a big task but Maintaining it is one of the big responsibility most important thing is that we need to know what are expecting to have in their bank.What facility is not in other bank which we could get it .there is not a problem of sponsers or investors, India is very famous of having investors while the investors is of investing big amount or the small one.The bank we provide to people should be public-oriented.We should not only have facility for the richer people but also for the poor people. Because there is a very big population of poor people in India who wants to save their money.The government bank have this facility but they have some criteria ot what extent income earning people they should capture and the government bank facility mostly the rural or villages have. The poor people who are working in metro cities don't have this facility.So if establishing a private bank this key point should be considered.