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Banking Licence

Aug 19, 2016 at 19:30 | Source: PTI
Ujjivan Financial Services has submitted an application to RBI for a small finance bank licence for its subsidiary.
Aug 11, 2016 at 18:14 | Source: PTI
"We want to start lending on our own by end of March, for which we will turn into an NBFC, and will eventually apply for Small Finance Bank licence in around two years, once RBI opens it up on tap," its founder and chairman Paresh Rajde told reporters on sidelines of an event here.
Aug 08, 2016 at 14:00 | Source: PTI
Reserve Bank of India said last week that it will permanently keep open the window for applying for universal bank licences, ending its practice of allowing licence applications only during specific periods.
Aug 07, 2016 at 14:14 | Source: PTI
Coupled with the capital constraints of public sector banks (PSBs) owing to non-performing assets, their market share can go down by up to 10 percentage points in the next five years from the present 70 percent, it warned.
Aug 02, 2016 at 09:49 | Source: CNBC-TV18
In addition to Bharat Financial's Non-executive Chairman, Digant Haria of Antique Broking also spoke and he said the size of the company will matter when an NBFC wants to become a bank.
Aug 01, 2016 at 18:20 | Source: CNBC-TV18
The Reserve Bank Monday released guidelines for 'On Tap' licensing of private sector universal banks. The guidelines state individuals with 10 years senior-level experience are eligible to promote a bank but large industry houses have been excluded as eligible entities, although they can invest up to 10 percent.
Aug 01, 2016 at 18:08 | Source: PTI
As per the "Guidelines for 'on tap' Licensing of Universal Banks in the Private Sector", the initial minimum paid-up voting equity capital for a bank should be Rs 500 crore and thereafter, the bank should have a minimum net worth of Rs 500 crore at all times.
Jun 07, 2016 at 14:14 | Source: PTI
RBI Governor Raghuram Rajan said he is not "overly perturbed" by surrender of Payments Bank licences by some companies but indicated that there could be amechanism to ensure that entities apply for licences after due diligence as there is a cost involved in vetting them
May 25, 2016 at 14:09 | Source: CNBC-TV18
Back in August 2015, when the Reserve Bank of India handed out payments bank licences to 11 candidates, little did it know that three will be pulling out within a year. The payments bank model, which the RBI envisaged as a way to reach out to the unbanked, may be looking less profitable as a venture.
May 24, 2016 at 22:14 | Source: CNBC-TV18
Payments banks are no looking like a lucrative business opportunity suddenly.
Messages on Banking Licence »

bull40k

Platinum Member

111 Followers

L&T Finance  

dear LIC housing is the frontrunner for bank licence and other are ifci,Tata,birla and ambani. Lets see which four will receive the licence.

9.15 PM Oct 11th 2012

vi_ashukla1

New Member

0 Follower

Rural Elect Corp  

Debt restructuring or banking licence one of them will help rec end this series above 240...cheers

3.08 PM Oct 11th 2012

MunkThePunk

Platinum Member

719 Followers

L&T Finance  

Government presses RBI on new bank licences FM, CEA want final guidelines soon observers sceptical on any quick entry Somasroy Chakraborty & Manojit Saha / Kolkata/ Mumbai Oct 06, 2012, 00:06 IST The message to the Reserve Bank of India (RBI) is loud and clear from the corridors of North Block

1.16 PM Oct 10th 2012

MunkThePunk

Platinum Member

719 Followers

L&T Finance  

Government presses RBI on new bank licences FM, CEA want final guidelines soon observers sceptical on any quick entry Somasroy Chakraborty & Manojit Saha / Kolkata/ Mumbai Oct 06, 2012, 00:06 IST The message to the Reserve Bank of India (RBI) is loud and clear from the corridors of North Block

1.14 PM Oct 10th 2012

mayaank

Platinum Member

187 Followers

Vikas WSP  

It appears that NEW BANKING LICENCES will be issued in near future ---- regards , mayaank

11.03 AM Oct 10th 2012

lone warrior

Platinum Member

16 Followers

IFCI  

Doctor Doktor where have you been, looks like bank licence will be seen...................!

9.17 PM Oct 8th 2012

gulab101

Platinum Member

49 Followers

L&T Finance  

Institutional investors sold 0. 78% shares in june 12 quarter. It is likely to apply for banking licence. Its estimated nw will be rs 3509 crores in fy 2013 larsen and toubro is a promoter of this company. It is debtfree company it quoted between 1. 2% and 2. 97% of its nw since

2.48 PM Oct 8th 2012

Web Messenger

Platinum Member

362149 Followers

Bank of India  

Source:Business Standard - The government and the Reserve Bank of India (RBI) have geared up to finalise the norms on new banking licences. In a meeting with the banking regulator, Finance Minister P Chidambaram has assured that necessary amendments would be made in the banking Act. We have

11.32 AM Oct 8th 2012

Pritesh786

Platinum Member

208 Followers

IFCI  

Govt on a reforms overdrive: Banking licences next in line, will prefer public sector over private sector on this front, big upside for IFCI. Announcements may come any day in the evening

10.48 AM Oct 8th 2012

ifci_rocky

Platinum Member

134 Followers

IFCI  

At the time of issuing guidelines IFCI was a pvt. company hence it is a fit case for a Banking licence. Future is bright as still the shares are not alloted. Board of IFCI has taken a decision to allot shares worth 923 crores on Par. With the idea of making a killing Chiddu is forcing RBI to fast

6.15 PM Oct 7th 2012

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