No risk to us via Kingfisher Airlines loan: SREI
Mar 18, 2013
Tough ownership norms in bank licence guidelines: PwC India
Feb 25, 2013
Will apply for bank licence, says Shriram Capital
Feb 25, 2013
RBI’s bank licence guidelines positive: Nirmal Bang
Feb 25, 2013
RBI clarifications on new bank licences shortly
Tuesday May 7, 2013
To promote financial inclusion and further infuse competition in the banking sector, the RBI had issued the guidelines and invited applications from public and private sector entities for setting up banks by July 1, 2013.
United Bank to apply for overseas licences to RBI
Thursday April 25, 2013
United Bank of India (UBI) plans to apply for licences to the Reserve Bank of India for opening overseas branches as it has good capital adequacy ratio.
New bank licences: RBI may issue clarification by early May
Sunday April 21, 2013
The Reserve Bank is likely to issue clarifications on new bank licence guidelines by early next month as sought by interested entities, a senior RBI official has said.
Over 100 aspirants line up for banking licence, seek clarity
Sunday April 14, 2013
RBI has been flooded with requests for interpretation of its rules for grant of new banking licences and for clarifications on the 'ambiguity' in various areas, as more than 100 entities have evinced initial interest in seeking permission to set up b...
RBI governor Subbarao briefs MPs on new bank licences
Tuesday April 9, 2013
Concerned over the possibility of crony capitalism creeping into the banking sector with the grant of new licences to business houses, members of a Parliamentary panel asked RBI governor D Subbarao on Tuesday to give a structured response on the issu...
Banking aspirants line up with clarifications on licence norms
Sunday March 31, 2013
Aspiring to set up banks, at least 50 entities have begun the process of approaching RBI to seek clarifications on the norms prescribed by the central bank for issue of new banking licences.
Spice Global plans to approach RBI for bank licence
Thursday March 14, 2013
Spice Global is planning to apply to the Reserve Bank of India (RBI) for a bank licence for which guidelines were issued last month.
RBI rate cuts to depend on inflation scene, says C Rangarajan
Friday March 8, 2013
Ahead of the Reserve Bank of India's review of monetary policy on March 19, Prime Minister's Economic Advisory Council (PMEAC) chairman C Rangarajan on Friday said policy rate cuts by the central bank will depend on inflation movement, among other fa...
RBI to publish clarifications on new bank licences
Thursday March 7, 2013
The Reserve Bank of India said it would publish clarifications related to the recently released final rules on bank licences on its website as it had received several queries from applicants seeking more details.
RBI to publish clarifications on new bank licences
Thursday March 7, 2013
The Reserve Bank of India said it would publish clarifications related to the recently released final rules on bank licences on its website as it had received several queries from applicants seeking more details.
RBI says financial inclusion plan key criteria for new bank licence
Monday March 4, 2013
Financial inclusion plan will be an important criteria for getting new bank licences in the private sector, the Reserve Bank of India said on Monday.
RBI may give maximum 5 new bank licences: analysts
Monday February 25, 2013
The Reserve Bank may not issue more than five new bank licences as the central bank wants to be very selective initially, analysts said.
New bank licence: M&M Financial, Religare, SREI Infra soar, RIL down
Monday February 25, 2013
Shares in financial services firms, expected to apply for new bank licences, surged on Monday. Investors bought stocks such as M&M Financial Services after the Reserve Bank of India announced guidelines for a banking licence on Friday.
Analysts welcome prudential buffers in new bank licence norms
Sunday February 24, 2013
Financial sector analysts have termed new banking guidelines as "a balanced and pragmatic approach" on the RBI's part, as it allows a broader set of entities in the banking sector, besides ensuring maximum prudential norms to avoid any systemic risk...
Over dozen corporates, PSUs queue up for banking licences
Sunday February 24, 2013
More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, will apply to the Reserve Bank for licence to open banks.