Bank License
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RBI to Soon Announce Rules for On-Tap Banking Licenses: Deputy Governor
The RBI recently awarded licenses to micro-finance institution (MFI) Bandhan and finance major IDFC for setting up full-fledged banks.
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RBI Cancels License Of Lucknow Urban Co-operative Bank
The Reserve Bank of India on Friday said it has cancelled the banking license of Lucknow Urban Co-operative Bank, as the lender does not have adequate capital and earning prospects.
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RBI Cancels License Of Nashik Zilla Girna Sahakari Bank
Reserve Bank on Tuesday cancelled the banking licence of Nashik Zilla Girna Sahakari Bank Limited as the Nashik-based lender does not have adequate capital and earning prospects.
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RBI Cancels License Of Mumbai-Based 'The Kapol Co-Operative Bank'
The RBI on Monday said it has cancelled the license of Mumbai-based The Kapol Co-operative Bank Limited as the lender does not have adequate capital and earning prospects.
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Merger With Lakshmi Vilas Bank Not A Backdoor Entry To Banking, Says Indiabulls Housing
Indiabulls Housing Finance says its merger with Lakshmi Vilas Bank meets RBI’s rules.
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Merger With Lakshmi Vilas Bank Not A Backdoor Entry To Banking, Says Indiabulls Housing
Indiabulls Housing Finance says its merger with Lakshmi Vilas Bank meets RBI’s rules.
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RBI Issues Operating Guidelines For Payments, Small Finance Banks
One more step towards operationalising payments, small finance banks complete.
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Stocks Radar: Welspun India, Oberoi Realty, Fortis Healthcare and More
Welspun India tanked 20 percent to Rs 82 on fake Egyptian cotton sheets allegation.
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On Tap Banking Licences To Up Competition, Hit PSU Banks: Icra
The Reserve Bank of India's move to make new bank licences available on tap will encourage non-bank lenders to apply for access to cheaper public deposits, and the increased competition may dent state-run lenders' market share, ratings agency Icra has said.
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RBI Clears Decks For On-Tap Banking, Bars Big Corporates
Paving the way for entry of new players in banking sector, the Reserve Bank today heralded 'on tap' universal banking licence regime, but excluded large industrial houses from the purview though they can invest up to 10 per cent in new banks.
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RBI Proposes Relaxation Of Bank Licence Requirements
The Reserve Bank of India (RBI) has issued proposals for the relaxation of requirements for banking licences in the latest effort to boost a sector struggling with $100 billion of stressed debt that is choking the financial system and hitting economic growth.
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SKS Microfinance Fails to Get Small Bank License, Stock Sinks 20%
Barclays has cut its target price on SKS Microfinance to Rs 480 from Rs 550 earlier citing intensifying competition in the space.
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Banking, Securities Firms' IT Spends to Rise 15%: Gartner
IT spends by domestic banking and securities companies may grow 15 per cent to Rs 53,600 crore this year and rise further on expectations of more companies using the Reserve Bank of India's 'on-tap' bank licensing, global technology consultancy Gartner said on Tuesday.
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No Formal Proposal From India Post to Setup Bank: Rajan
The country's postal office had been speculated to be interested in setting up banks across India. Earlier this month, it was among 41 applicants to run a new category of banks planned to bring basic banking services within the reach of millions.
-
Aditya Birla, Future Group Apply for Payments Bank Licenses
Monday is the deadline for applications to run payments banks - which cannot lend - but also for permits to run small finance banks.
-
RBI to Soon Announce Rules for On-Tap Banking Licenses: Deputy Governor
The RBI recently awarded licenses to micro-finance institution (MFI) Bandhan and finance major IDFC for setting up full-fledged banks.
-
RBI Cancels License Of Lucknow Urban Co-operative Bank
The Reserve Bank of India on Friday said it has cancelled the banking license of Lucknow Urban Co-operative Bank, as the lender does not have adequate capital and earning prospects.
-
RBI Cancels License Of Nashik Zilla Girna Sahakari Bank
Reserve Bank on Tuesday cancelled the banking licence of Nashik Zilla Girna Sahakari Bank Limited as the Nashik-based lender does not have adequate capital and earning prospects.
-
RBI Cancels License Of Mumbai-Based 'The Kapol Co-Operative Bank'
The RBI on Monday said it has cancelled the license of Mumbai-based The Kapol Co-operative Bank Limited as the lender does not have adequate capital and earning prospects.
-
Merger With Lakshmi Vilas Bank Not A Backdoor Entry To Banking, Says Indiabulls Housing
Indiabulls Housing Finance says its merger with Lakshmi Vilas Bank meets RBI’s rules.
-
Merger With Lakshmi Vilas Bank Not A Backdoor Entry To Banking, Says Indiabulls Housing
Indiabulls Housing Finance says its merger with Lakshmi Vilas Bank meets RBI’s rules.
-
RBI Issues Operating Guidelines For Payments, Small Finance Banks
One more step towards operationalising payments, small finance banks complete.
-
Stocks Radar: Welspun India, Oberoi Realty, Fortis Healthcare and More
Welspun India tanked 20 percent to Rs 82 on fake Egyptian cotton sheets allegation.
-
On Tap Banking Licences To Up Competition, Hit PSU Banks: Icra
The Reserve Bank of India's move to make new bank licences available on tap will encourage non-bank lenders to apply for access to cheaper public deposits, and the increased competition may dent state-run lenders' market share, ratings agency Icra has said.
-
RBI Clears Decks For On-Tap Banking, Bars Big Corporates
Paving the way for entry of new players in banking sector, the Reserve Bank today heralded 'on tap' universal banking licence regime, but excluded large industrial houses from the purview though they can invest up to 10 per cent in new banks.
-
RBI Proposes Relaxation Of Bank Licence Requirements
The Reserve Bank of India (RBI) has issued proposals for the relaxation of requirements for banking licences in the latest effort to boost a sector struggling with $100 billion of stressed debt that is choking the financial system and hitting economic growth.
-
SKS Microfinance Fails to Get Small Bank License, Stock Sinks 20%
Barclays has cut its target price on SKS Microfinance to Rs 480 from Rs 550 earlier citing intensifying competition in the space.
-
Banking, Securities Firms' IT Spends to Rise 15%: Gartner
IT spends by domestic banking and securities companies may grow 15 per cent to Rs 53,600 crore this year and rise further on expectations of more companies using the Reserve Bank of India's 'on-tap' bank licensing, global technology consultancy Gartner said on Tuesday.
-
No Formal Proposal From India Post to Setup Bank: Rajan
The country's postal office had been speculated to be interested in setting up banks across India. Earlier this month, it was among 41 applicants to run a new category of banks planned to bring basic banking services within the reach of millions.
-
Aditya Birla, Future Group Apply for Payments Bank Licenses
Monday is the deadline for applications to run payments banks - which cannot lend - but also for permits to run small finance banks.
