Indian Economy
Green Banking channel has been launched by:

Reserve Bank of India
Punjab National Bank
State Bank of India
Bank of Baroda

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Indian Economy
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to setup more foreign exchange banks
to lend more easily for industrial development
to reduce the freedom given to banks to rationalize their existing branch network
to govern entry of new private sector banks to make the banking sector more competitive

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