Finance Minister P Chidambaram has asked investigative agencies not to question every business decision as motivated or malicious. He said it will adversely affect the industry and investment environment. He was speaking at Bancon 2013 in Mumbai today.Chidambaram also assured bankers that government will protect them for bonafide decisions, although, retrospectively, some of them may turn out to be poor decisions. Chidambaram also asked bankers to deal firmly with wilful defaulters, but uphold those who are reeling under the impact of economic slowdown. On issue of new banking licenses, Chidambaram advised RBI to prefer applicants who have come up with an innovative model of banking that addresses the needs of special segments of the people. He said there is a need for different kinds of banks and India needs banks that cater to all communities including those living in tribal areas. There has to be a different bank to cater to the needs of North East. There is also a need to promote banks which can cater to urban poor and farmer families. His remarks come in the back drop of RBI gearing up to issue new banking licenses early next year. It has received 26 applications for bank licenses, ranging from business groups like Tata and Birla along with PSUs like India Post and IFCI.Chidambaram sounded confident that the Indian economy will stage a recovery in the second half of 2013-14 and clock 5-5.5 per cent growth. Although concerned by rising inflation, the finance minister was confident that the government will be able to contain fiscal deficit to 4.8 per cent of the GDP and narrow down the current account deficit to below USD 56 billion.