Election 2014
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Banking Licence

Apr 12, 2014 at 14:04 | Source: CNBC-TV18
According to Nachiket Mor Committee, NBFCs can become payment banks for mobile companies and can collect deposit of not more than Rs 50,000, can't give loans.
Apr 11, 2014 at 15:41 | Source: CNBC-TV18
After the Reserve Bank of India issued bank licences to IDFC and microfinance firm Bandhan on the recommendations of a committee led by ex RBI governor Bimal Jalan, CNBC-TV18 spoke with the former central banker to obtain his views on the process, the economy in general and on the topic of the current account deficit.
Apr 04, 2014 at 15:31 | Source: PTI
"Some of the applicants may be better off applying for a differentiated licence rather than for the full licence," Rajan said when asked about the very conservative approach to the much-touted licensing process.
Apr 03, 2014 at 20:20 | Source: Reuters
Mumbai-based infrastructure lender IDFC and Bandhan, a Kolkata-based specialist in small-value loans, on Wednesday beat larger corporate houses to win licences to set up India's first new banks in a decade, meaning they can expand into a broader range of banking areas such as deposits.
Apr 03, 2014 at 17:20 | Source: Moneycontrol.com
Morgan Stanley is underweight on the stock. It feels that stock performance will be weak over 1-2 years as its profitability will be under pressure for a long time.
Apr 03, 2014 at 14:54 | Source: CNBC-TV18
The company is 'deeply disappointed' by non-grant of banking licence. L&T was counting on its high corporate governance and significant government shareholding
Apr 03, 2014 at 12:54 | Source: CNBC-TV18
GS Sandhu, secretary, financial services says there should be a differential licensing system which can cater better to the different sectors or parts of the economy.
Apr 03, 2014 at 11:22 | Source: CNBC-TV18
Market participants should adopt a bottom-up approach, but must not leverage given that election is a high risk event. If the election outcome is not as per expectations then it will have a huge impact, he cautioned.
Apr 03, 2014 at 11:02 | Source: CNBC-TV18
Santanu Chakrabarti, NBFC Analyst, ICICI Securities says there are some issues around the holding company structure proposed by the RBI around IDFC. But if the company finds a way around it through then a further 10 percent upside can get added on current fundamentals itself
Apr 03, 2014 at 10:59 | Source: Moneycontrol.com
Stocks such as L&T Finance (down 9 percent), LIC Housing Finance (down 7 percent), Shriram Transport Finance (down 3 percent), Muthoot Finance (fall 10 percent) and JM Financial (down 14 percent) are under huge selling pressure on Wednesday.
Messages on Banking Licence »

IDFC  

idfc sec itself has derated stock to 100 IDFC maintains a sell rating on the stock with a target price of Rs 100. Bank licences will provide growth and diversification from infra but it may face multiple challenges in the medium term. Read more at: http://t.in.com/aHas

11.01 PM Apr 15th

Web Messenger

Platinum Member

208181 Followers

Bank of India  

Source:Economic Times - MUMBAI: Some of the 23 entities that lost out in the race for a bank licence are nurturing hopes of getting one in the next few quarters because Reserve Bank of India Governor Raghuram Rajan has said he would give bank licences `on tap`. But what is unsaid

3.46 PM Apr 15th

manishtalks

New Member

2 Followers

IDFC  

Dont panic . It will might delivered excellent result on apr 25. They have got bank licence because of excellent management. - My target for IDFC is Rs 150 for the short term

2.10 PM Apr 15th

MMB Moderator

Platinum Member

2188 Followers

LIC Housing Fin  

recently posted a message on this stock. Hope you find this useful."dear andy many are short after banking licence annoucemnet and thus will keep its uptrend till settlement.on the contrary idfc has been lowered after getting the licence.they are very deft in loot margin money

2.10 PM Apr 15th

jimish1989

New Member

0 Follower

IDFC  

Fundamentally strong as well as getting banking licence, definitely buy call

12.59 PM Apr 15th

moni expert

New Member

0 Follower

Shriram City  

right issue... any base is there .. frm where u got dis news.. source of ur news.. plz don misguide innocent investor .. its trading at its all time high.. no doubt.. with good fundamental n techincal.. stk seems good.. but vision on banking licence is again not clear.. stop loss is must

11.15 AM Apr 15th

nyayadhish

Gold Member

4 Followers

M&M Financial  

Excellent opportunity to buy M&M fin.Results are going to be excellent with solid management.No overhang of banking licence also.Great opportunity.Can move to 280 in near tern

10.49 AM Apr 15th

bull40k

Platinum Member

34 Followers

L&T Finance  

RBI loses its credibility in this banking licence issue giving licence to entities who itself need finance back up.

10.17 PM Apr 14th

skshare

Platinum Member

1635 Followers

LIC Housing Fin  

dear andy many are short after banking licence annoucemnet and thus will keep its uptrend till settlement.on the contrary idfc has been lowered after getting the licence.they are very deft in loot margin money of small traders by going against them sks

4.58 PM Apr 14th

skshare

Platinum Member

1635 Followers

IDFC  

dear hmadan it will test 150 too in coming months.stocks normally move up after consolidation and it is consolidating around 125 now.they have outsmart long positions after banking licence announcement by lowering from 140 to 120 level.soon it will start moving after snatching the money. sks

4.48 PM Apr 14th

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Apr 15, 2014 at 06:31 | Source: Economic Times
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