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The present draft guidelines on ‘Licensing of New Banks in the Private Sector’ have been framed taking into account the experience gained from the functioning of the banks licensed under the guidelines of 1993 and 2001 and the feedback and suggestions received in response to the Discussion Paper
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New Banking License
Snapshot Overview
Riskpro, India
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Source of Promoter Equity in NOHC should be transparent /verifiable.
THE NEW BANKING FRAMEWORK
Non Operative Holding Company
(NOHC)~ Registered with RBI as NBFC ~ Regulated by RBI ~ Cannot borrow funds ~No operations, merely a
holding company ~ 50% of Board of Directors totally independent of promoter group
ONLY NON FINANCIAL Entities / groups / operating in the private
sector; owned and controlled by Residents can promote NOHC
(Diversified ownership, sound credentials, 10+ years track record,
Management to be professional with adequate corporate governance standards )
NOT ALLOWED
Entities / groups / having greater
than 10% income/assets in real
estate construction and broking
activities in last 3 years
NEW BANK~ Minimum capital - Rs 500 Crore ~ Business Model to RBI
~ Existing NBFC can turn a Bank only if ALL activities permitted in Banks
~ No shareholder, group to own 10%+ in New Bank except NOHC
~ Arm’s length relationship with promoter group entities
~Listed on Exchange in 2 years ~ CAR 12% for 3 years
~ 25% branches in unbanked rural centres
~ Group exposure as % of net-worth: Max 10% single; 20% all entities
~ New Bank on CBS, use Technology, innovation, have grievance cell
OTHER GROUP FINANCIAL
ENTITIES
~ Compulsory ownership by NOHC
of ALL financial entities of the
Promoter group. Ie financial entities
to be under the NOHC umbrella
~ Cannot do any activity that is
Banking in nature. To move all such
activities to new Bank.
~ No new Financial entity for 3 years
from bank License date
Shareholder Holding Period
NOHC Min 40% at inception Lock in 5 years
Max 40%, 20%,12% Year 2, 10,12
Foreign Holding Max 49% 5 Years. 5+ years, as per policy.
RB
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RING FENCED
STRUCTURE
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Who is Riskpro… Why us?
ABOUT US Riskpro is an organisation of member firms
around India devoted to client service excellence. Member firms offer wide range of services in the field of risk management.
Currently it has offices in three major cities Mumbai, Delhi and Bangalore and alliances in other cities.
Managed by experienced professionals with experiences spanning various industries.
MISSION
Provide integrated risk management consulting services to mid-large sized corporate /financial institutions in India
Be the preferred service provider for complete Governance, Risk and Compliance (GRC) solutions.
VALUE PROPOSITION You get quality advisory, normally delivered
by large consulting firms, at fee levels charged by independent & small firms
High quality deliverables
Multi-skilled & multi-disciplined organisation.
Timely completion of any task
Affordable alternative to large firms
DIFFERENTIATORS
Risk Management is our main focus
Over 200 years of cumulative experience
Hybrid Delivery model
Ability to take on large and complex projects due to delivery capabilities
We Hold hands, not shake hands.
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Risk Management Advisory Services
Training Recruitment
Basel II/III Advisory Market Risk
Credit Risk
Operational Risk
ICAAP
Corporate Risks Enterprise Risk Assessment
Fraud Risk
Risk based Internal Audit
Operations Risk
Forensic services
Information Security IS Audit
Information Security
IT Assurance
IT Governance
Operational Risk Process reviews
Policy/ Process Review
Process Improvement
Compliance Risk
Governance Corporate Governance
Business Strategic risk
Fraud Risk
Forensic Accounting
Other Risks Business/Strategic Risk
Reputation Risk
Outsourcing Risk
Contractual Risk
Banking – E Learning
Corporate Training
Regular Risk Management Training
Online Training material
Workshops / Events
Virtual Risk Managers
Full Time Risk Professionals
Part time Risk Professionals
Risk Managers on call – free
S E
R V
I C
E S
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Contacts
Email : [email protected]
Web: www.riskpro.in
THANKS
MUMBAI
Manoj Jain, Director
B-44 Glaxo Building, Near Mt. Mary’s Steps, Bandra (W), Mumbai 400050
M- 98337 67114E- [email protected]
DELHI
Rahul Bhan, Director
C-561, Defence Colony,New Delhi-110 024
M- 99680 05042E- [email protected]
BANGALORE
Casper Abraham, Director
No. 62/B Modi ResidencyMillers Road, Benson TownBangalore 560 046
M- 98450 61870E- [email protected]