SENSEX NIFTY

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.
Messages on Banking Licence »

bhu99

New Member

0 Follower

IFCI  

banking licence is good news. If it goes through surely multibagger from here

3.14 PM Nov 28th

ComoditySca
lper

Platinum Member

540 Followers

index  

If I would have been RBI Governor, with immediate effect their banking licences should be cancelled and slapped with heavy penalty along with criminal prosecution against the peoples involved. What the hell Urjit Patel doing ?

10.44 AM Nov 25th

ComoditySca
lper

Platinum Member

540 Followers

index  

If I would have been RBI Governor, with immediate effect their banking licences should be cancelled and slapped with heavy penalty along with criminal prosecution against the peoples involved.

10.33 AM Nov 25th

ppk87

New Member

0 Follower

Satin Credit  

got the data from con call today. yes the collection has increased to 55%. *-promoter super bullish on fy 18. *- present problem is temporary and can affect only till q4 17. *- trying to be cashless in 6-8 months.( many pilot projects on) *- no plan to apply for bank licence. *- ticket sizes

5.20 PM Nov 23rd

pressu

New Member

99 Followers

Ujjivan Financi  

WHEN EVER bank licence comes the shares are going down heavily ? will this also go down to below 300 as some friends telling ?

10.23 AM Nov 15th

rajibpradha
n

Silver Member

60 Followers

Bharat Fin  

-finance company with small bank licence will be gainer. BFIL was in advantage as because, it was funding people unconnected from bank. To do business through bank transaction is a long journey. Because opening of account in borrowers name and educating them about the use banking machinery is time consuming matter

2.41 PM Nov 10th

addy13878

New Member

5 Followers

Shivansh Finser  

yes we should. i got sms on 6thoct. it was in the fair name of vkotakmf saying the co is being bought by idfcmf and it getting small bank licence. so beleiving the kotakmf i boght 1000 at 26.87 since then lc. i can send brok papers to support my soda. feel cheated. sebi is suppose to take action

12.28 PM Nov 7th

Finresearch
blog

New Member

0 Follower

Geojit BNP  

Geojit BNP Yes it will move high good result will come from broking sector and soon they will get banking licences now i will look 80 tgt in 9 months it will be profitable choice start buying on every weakness

10.52 AM Nov 1st

snpbharat

New Member

35 Followers

IDFC  

, 2015 approving the Scheme of Arrangement under Section 391-394 of the Companies Act, 1956, between the Company and IDFC Bank Limited and their respective shareholders and creditors and on receipt of final Banking Licence by IDFC Bank Limited for commencement of banking operations, the demerger has been

1.20 PM Oct 28th

manishsingh
83

New Member

3 Followers

Ujjivan Financi  

Ujjivan is one of the Small finance bank licence holder and this will actually help in reducing their borrowing cost. This will boost their Net interest Margin. Concentrated in Karnataka, however they are spreading their geographical presence as well as their advances in different secured

2.34 PM Oct 21st

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