New Bank Licences

Feb 12, 2016 at 21:33 | Source: Moneycontrol.com
State Bank of Mysore has informed that as resolved in the General Meeting of the Shareholders on February 12, 2016, Shri K. Lakshmisha has been elected as a new Shareholder Director, whose appointment is effective from February 15, 2016. Shri Lakshmisha is replacing the existing Shareholder Director Shri S. Ramasubramanian.
Feb 12, 2016 at 21:16 | Source: PTI
Currently, an auditor for a public sector bank is practically selected by the chairman of the respective lender unlike the earlier practice of auditor being appointed by RBI, ICAI's new President M Devaraja Reddy.
Feb 12, 2016 at 08:10 | Source: PTI
"Banks shall comply with the Indian Accounting Standards (Ind AS) for financial statements for accounting periods beginning from April 1, 2018 onwards, with comparatives for the periods ending March 31, 2018 or thereafter," RBI said in a notification.
Feb 10, 2016 at 15:09 | Source: Moneycontrol.com
The financial services landscape is changing fast in India, with new entrants and growing interest of global and domestic investors in this space
Feb 09, 2016 at 18:58 | Source: PTI
Kochhar, MD and CEO of ICICI Bank, further said in her keynote address to the India Conference 2016 of the Harvard University over the weekend that the focus of Indian economy is also now broadening to manufacturing.
Feb 09, 2016 at 16:56 | Source: PTI
Finance Ministry has included water and sanitation as new fields for priority sector lending by commercial banks.
Feb 08, 2016 at 08:01 | Source: CNBC-TV18
DLF | Jaiprakash Associates | TVS Tyres | Jet Airways | Tata Power | Indo Count | PC Jeweller | Cummins | KPIT Technologies | Rallis India | Glenmark | Info Edge | Jamna Auto | Borosil Glass Works | Vakrangee | AstraZeneca | McDowell Holdings | PTC India | Claris Life and Sobha are stocks, which are in the news today.
Feb 06, 2016 at 14:19 | Source: Reuters
A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the trading arm of Russia's Lukoil.
Feb 05, 2016 at 10:58 | Source: Reuters
Doubts about the accuracy of India's gross domestic product figures persist a year after its statisticians unveiled new readings they say better capture value addition down the goods and services supply chain.
Feb 03, 2016 at 13:47 | Source: Moneycontrol.com
City Union Bank Ltd has informed BSE that the Bank has inaugurated the branch(s) on January 29, 2016.
Messages on New Bank Licences »

Nucleus Softwar  

New products lances new bank licence benefit nuc software.

2.40 PM Jun 26th 2014

gpraj_gundl
apal

Platinum Member

337 Followers

IFCI  

and booked profits subsequent to March 14 quarter which will be reflected in the present June quarter. With RBI announcing New Banking licences will be on TAP, IFCI whick satisfies all the conditions prescribed by RBI is having every chance of getting bank licence in the next round

10.15 AM Jun 17th 2014

bharda

Gold Member

24 Followers

L&T Finance  

yes in view of RBI`s new banking licence policy this stock has got potential to become one of the strongest bank. long term view is the key

4.46 PM Jun 2nd 2014

State Bk Mysore  

Merger news will be announced once completed new bank licences. ..may be expected in April. ..buy..buy maximum

10.08 AM May 19th 2014

Web Messenger

Platinum Member

334647 Followers

Reliance  

Source:Calcutta Telegraph News - New Delhi, April 27: Reliance Industries has asked the Election Commission to “retract” its order directing status-quo on gas price, arguing that the poll panel had allowed the RBI to issue new bank licences even though the model code of conduct for the general

4.28 PM Apr 28th 2014

Web Messenger

Platinum Member

334647 Followers

IDFC  

Source:Economic Times - MUMBAI: Shares of banking licence aspirants today fell by as much as 10 per cent after the Reserve Bank granted in-principle approval for new bank licences to IDFC and Bandhan Financial Services. L&T Finance Holdings slumped 9.71 per cent, while IFCI lost 8.51 per cent

1.56 PM Apr 4th 2014

gsapsb

New Member

0 Follower

Banking & Financial Services - Sector  

Gov has played a safe game keeping a margin for allowing new bank licences as per political masters

12.11 PM Apr 3rd 2014

utsav13579

Platinum Member

533 Followers

Indian indices  

New banking licence trigger! No idea on fertilizers though unless it rains. ;)

7.55 PM Apr 1st 2014

sam patel

Gold Member

32 Followers

L&T Finance  

Election Commission okays RBI to announce new bank licences The RBI had sought the commission`s approval to issue new bank licences to ensure the process would not clash with the code of conduct ahead of elections, which prevents decisions that may be deemed as political from being taken

7.11 PM Apr 1st 2014

profit_bhai
yya

New Member

0 Follower

HDFC Bank  

As you are doing service provider business ......... you must have to provide proper service without any penalty ....... If it is not acceptable, just surrender your banking licence ............. QUEUE for new banking licence is very large .........

6.14 PM Apr 1st 2014

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