"Of the proposals that we have received, we did not quite see any innovative or infrastructural solution that had come up," Deputy Governor T Rabi Sankar told reporters when asked about progress on the front.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/new-umbrella-entity-nothing-innovative-presented-by-applicants-says-rbi/articleshow/99300016.cms
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