RBI has given due importance to corporate governance standards to prevent apparent conflict of interest between ownership and management
Post announcement of final guidelines on Friday, the stocks rallied by 2-10% in Monday's trading session
Large firms with good record in corporate governance may score over NBFCs & PSUs
More than a dozen corporates as well as state-owned firms such as PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence for setting up banks
The central bank wants to be very selective initially