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 »


New Member


L&T Finance  

So climbing high, worth of holding since IPO :) Great going and good support from Budget on NBFC. Lets hope LNTFH gets a Banking licence soon...

3.34 PM Feb 16th


New Member


Idea Cellular  

Idea at CMP is a trap. Sell and save your money. TRAI is opposed to retention of spectrum by both companies. Banking licence will have to be surrendered by Vodafone. Idea being in losses why Vodafone should turm its Balance Sheet into RED. Merger is under discussion and Due Diligence mode outcome

11.19 AM Feb 16th


Silver Member


Bharat Fin  

a bank licence which is far off from its reach. Hence tie up with a bank a solution. But without bank the finance cost will be very high. If merger talk fails, then again, it will go down to 550.

4.56 PM Feb 3rd


Silver Member

0 Follower

L&T Finance  

without banking licence also its results will improve so keep on investing

5.19 PM Feb 2nd


New Member


IndusInd Bank  

no.... as per me... indusind should not merge it ... they should take majority stake in it... should get bank licence in bfil...& launch it as a separate bank focusing on rural areas .... should keep it as subsidiary only...

1.14 PM Feb 2nd


New Member



cpse ipo suggests govt wants cash in hand. banking licence or selling stake to strategic investor may be done, so that govt can earn more which is the biggest shareholder

1.23 PM Jan 19th

Axis Bank  

Okay. Here is the news. FM has sent a query to Axis Bank why its banking licences should not be cancelled

11.32 AM Jan 10th

Wire News

Platinum Member


News Now  

After having failed to get a small finance bank licence, leading financial services firm, UAE Exchange India, is now mulling to approach the RBI for licence to set up a universal bank once its loan portfolio crosses Rs 1,000 crore-mark, its top executive said.

4.28 PM Jan 9th


New Member



After NSE IPO, govt may opt for strategic sale / disinvestment. Banking licence cannot be entirely ruled out as it has experience of corporate/ infrastructure lending. Low interest rate regime, world over has resulted in much less NPA problems as compared to high interest rate. In 2007 we were

12.22 PM Jan 6th


New Member


Weizmann Forex  

Buy Weizmann Forex for Target Price of 250/- Next 18 Months for target As Company engage in Banking Licence type Services Funds Transfer to Gulf and other countries of World

2.07 PM Jan 4th

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Dec 12, 2016 at 19:13 | Source: FirstPost
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