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Banking License

Dec 04, 2014 at 21:55 | Source: Moneycontrol.com
Vakrangee at its meeting held on December 04, 2014, has transacted the Discussed on the new Payments Banks Guidelines issued by the Reserve of India, approved making an application for its License by the Company in the capacity of Corporate Business Correspondent.
Dec 01, 2014 at 11:11 | Source: Moneycontrol.com
The board of directors of the company will meet on December 04 to discuss on the payments banks guidelines issued by the Reserve Bank of India and applying for the license for the payments bank in the capacity of corporate business correspondent.
Dec 01, 2014 at 09:48 | Source: Moneycontrol.com
Vakrangee Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 04, 2014, to discuss on the Payments Banks Guidelines issued by the Reserve Bank of India and applying for the license for the Payments Bank in the capacity of Corporate Business Correspondent.
Nov 28, 2014 at 21:52 | Source: CNBC-TV18
Rules prohibit foreign players from applying for a license as standalone entities. So these players will need an Indian JV partner who holds at least a 24 percent stake in the venture to be eligible.
Sep 03, 2014 at 10:12 | Source: PTI
Nippon Life has also reiterated its commitment to partner the Indian group in its proposed 'Reliance Bank' venture as and when a banking license is granted by RBI.
Sep 01, 2014 at 18:39 | Source: PTI
Nippon Life also reiterated its commitment to a partnership with the Indian business conglomerate for setting up 'Reliance Bank' under an appropriate category of licenses to be issued by Reserve Bank of India.
Jul 23, 2014 at 21:00 | Source: PTI
While, NBFIs (non-banking financial institutions) do not have a full banking license but they facilitate bank-related financial services, like investment, risk pooling, contractual savings, and market brokering.
Jul 18, 2014 at 09:28 | Source: CNBC-TV18
"Reserve Bank of Indias draft guidelines for licensing of both payments banks and small banks is a good news for non banking finance companies (NBFCs) because we see liberalisation," VP Nandakumar, CMD, Manappuram General Finance said.
Jul 10, 2014 at 19:34 | Source: CNBC-TV18
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
Jul 02, 2014 at 18:58 | Source: PTI
Recently, the government took steps to improve India's ranking in ease of doing business. It has de-licensed several defence products for private sector. It has also upgraded the National Industrial Classification Code with a view to make business climate more investor friendly.
Messages on Banking License »

Surinder Singh

Gold Member

1 Followers

IDFC  

In previous bull run this stock had touched 235.00. In present bull run it is under performing It unde rperformed because they off loaded equity repeatedly to acquire funds which resulted in bad financials.To acquire Banking License FDI limit was brouht down to 51% which is further slated to 49

3.55 PM Jul 6th

menonp

Platinum Member

238 Followers

IDFC  

Dear Vigneshji, If you have not invested in IDFC it is better to stay off. IDFC has a strong pedigree and will benefit from the development driven NDA government and the banking license. This should normally take up the stock to INR 180-200/- levels considering a 20 PE for high quality stock

12.22 PM Jul 6th

iamtheworst
trader

Silver Member

14 Followers

IDFC  

banking license but it stunned the management who had other plans to kill the company GOlden goose infra.suzlon and marg enjoying at teh expense of idfc.

11.17 PM Jul 4th

L&T Finance  

Banking license will lead to cnvrn of this stock into lt bank; will it be good, remember rpl getting merged into ril and rpl shareholders were thoroughly cheated

6.38 PM Jul 4th

investor999
9

Platinum Member

532 Followers

Bajaj Finance  

Great move by Bajaj Finance, market is smelling capital easing for finance sector and banking license. Why there is such a large difference between NSE and BSE price?

3.40 PM Jul 4th

Web Messenger

Platinum Member

257732 Followers

Bank of India  

Source:NDTV Profit - Mumbai: The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licenses later this year, Deputy Governor R Gandhi told reporters on the sidelines of an event on Friday. Mr Gandhi also said

2.41 PM Jul 4th

abhijitdas_
1990

New Member

3 Followers

L&T Finance  

RBI to issue guidelines for bank licenses this year!!! is there any chance for l&tf to get one this year??? :D

12.59 PM Jul 4th

abhijitdas_
1990

New Member

3 Followers

McDowell Hold  

RBI to issue guidelines for bank licenses this year!!! is there any chance for mcdowell to get one this year??? :D

12.58 PM Jul 4th

Jai Wins

Platinum Member

57 Followers

IDFC  

Dont under estimate this stock. I accept no movement for long period after it gets Banking license. But once it start shows its movement, it will never stop until it touch 220-250 in another 5-6 months..!!

12.02 PM Jul 4th

investor999
9

Platinum Member

532 Followers

Bajaj Finance  

Hi my view point, BF didn`t get banking license last year but it was probably a blessing in disguise. Banking norms on mandatory monetary levels are much higher so it will reduce % operating margin for sure. On the other hand, once BF turns into bank, it`s size will grow multifold so the absolute

9.54 PM Jul 3rd

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