Banking Licence

May 02, 2016 at 08:52 | Source: PTI
"According to regulatory requirement, the foreign holding in the small bank has to be less than 49 percent. IPO is the first step towards transformation to a small bank. Foreign shareholding has come down to 77 percent following a pre-IPO placement. The IPO will help reduce further to 44-45 percent," Ghosh said.
Apr 11, 2016 at 18:50 | Source: PTI
RBI in August last had given in-principle to the company, which operates under brand name of Airtel Money, along with 10 others, including Reliance Industries, Aditya Birla Nuvo, Vodafone m-pesa, Department of Posts, for starting operations as a payments bank.
Feb 25, 2016 at 15:44 | Source: PTI
Post the transfer, Reliance Capital would be applying to the RBI for registering itself as a Core Investment Company (CIC) and this move would also facilitate the application of banking licence, as and when the apex bank's policy permits, it said in a statement.
Dec 22, 2015 at 18:30 | Source: PTI
The central bank, in August and September, announced the names of 21 entities that were granted in-principle approval for setting up payments banks and SFBs.
Dec 03, 2015 at 15:31 | Source: PTI
Foxconn has committed a whopping USD 5 billion investment in Maharashtra. Subramanian felt that there is a need to create incentives so that industries could grow bigger in India. Referring to the licence raj, he said licensing and protectionism were historical policy blunders.
Nov 20, 2015 at 21:32 | Source: PTI
Gaurang Shah, President Asset Management, Insurance and International Business, Kotak Mahindra Bank, said, "It is a momentous occasion for us at Kotak Mahindra Group to receive the licence on the eve of our 30th anniversary."
Nov 19, 2015 at 21:03 | Source: PTI
As per RBI guidelines, the NOFHC are required to be wholly owned by the promoter or promoter group to run the bank.
Oct 27, 2015 at 20:11 | Source: PTI
Out of 72 applicants, the Reserve Bank gave in-principal approvals to 10 entities, mostly micro finance institutions, to set up small finance banks to provide basic banking services to small farmers and micro industries.
Oct 20, 2015 at 13:20 | Source: CNBC-TV18
In an interview with CNBC-TV18, President S Dilli Raj said the company's business had crossed Rs 5,434 crore in loan portfolio.
Oct 19, 2015 at 20:45 | Source: PTI
IDFC and Bandhan Financial Services emerged successful out of 25 contenders for universal bank licences issued by the RBI in April last year. These entities have already started their operations.
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Source:Calcutta Telegraph News - Mumbai, July 4: The Reserve Bank of India (RBI) today said it would issue guidelines for both on-tap and niche banking licences this fiscal, keeping the hopes alive for those who had missed out in the previous round. RBI deputy governor R. Gandhi today said

7.03 PM Jul 7th 2014


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L&T Finance  


4.06 PM Jul 7th 2014


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this news as this shares sentiment was bank licence

5.20 PM Jul 6th 2014


Silver Member



This is like sleeping horse stock, once it start it will give you 4 times return. As it has banking licence and they no need to opn branches like other banks. They will provide loans to infrastructure projects only. In this budget all focus will be on development Infrastructure of country. so we

7.27 PM Jul 4th 2014


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L&T Finance  

banking licences guidelines may get issued soon , let`s hope it makes some positive difference to this stock

3.47 PM Jul 4th 2014


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Sundaram Fin  

apply for a banking licence...

2.52 PM Jul 4th 2014


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why ongc is not focussing on banking licence n multi brand retail

10.58 AM Jul 1st 2014


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What kind of Budgetory support can be provided by GOI, apart from giving it a banking licence, so that it can raise cheaper funds?

3.16 PM Jun 30th 2014


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disinvestment stack in national stock exchange and full stack disinvestment in ifci financial serves. Which improves company`s balance sheet. Also it is strong candidate to get banking licence in next phase. Looking at all these reasons it looks downside risk in this stock is less and upside is more. Once

2.41 PM Jun 26th 2014

Nucleus Softwar  

New products lances new bank licence benefit nuc software.

2.40 PM Jun 26th 2014

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