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New Bank Licences

Apr 17, 2014 at 19:55 | Source: CNBC-TV18
Speaking about banking licence, Piramal said that Shriram Group will look into banking licence if rules are made easier. He also feels that the group's entry into banking sector would not have been profitable under current guidelines.
Apr 17, 2014 at 18:33 | Source: CNBC-TV18
As per the new proposal, within four working days of Subrata Roys release they will submit Rs 2500 crore cash. For the remaining sum of Rs 7500 crore, they submitted that the Sahara Group would be considering raising money or even resorting to debt if required for furnishing this amount
Apr 17, 2014 at 08:39 | Source: Moneycontrol.com
The Central Government has nominated Shri Manish Gupta, Director, Department of Financial Services, Ministry of Finance, Govt. of India, New Delhi, as the Director of Corporation Bank representing the Central Government as Government Nominee Director with effect from April 16, 2014, vice Ms. Anna Roy.
Apr 16, 2014 at 21:57 | Source: Reuters
Indeed, one reason for the euro's relative strength is that central banks in the United States and Japan have been printing dollars and yen for such bond-buying programmes, while the ECB's euro balance sheet has been shrinking.
Apr 16, 2014 at 20:07 | Source: PTI
The new rate would be effective from April 21, it said. All the new loans, including home and car loans, would become costlier by 0.15 percent with increase in base rate.
Apr 16, 2014 at 08:22 | Source: Reuters
The United States is in the process of implementing new international capital and liquidity standards known as Basel III, which will be phased in between 2015 and early 2019.
Apr 13, 2014 at 12:19 | Source: PTI
State-owned Punjab National Bank (PNB) has opened 120 new branches across the country to mark its 120th Foundation Day. The bank started its operation on April 12, 1895, in Lahore, now in Pakistan.
Apr 12, 2014 at 14:08 | Source: Reuters
Friday's results showed how the bank's troubles appear to be extending beyond outsized legal settlements and meeting new rules, and into areas more fundamental to the business, such as loan demand and trading volume.
Apr 12, 2014 at 14:04 | Source: CNBC-TV18
According to Nachiket Mor Committee, NBFCs can become payment banks for mobile companies and can collect deposit of not more than Rs 50,000, can't give loans.
Apr 11, 2014 at 15:41 | Source: CNBC-TV18
After the Reserve Bank of India issued bank licences to IDFC and microfinance firm Bandhan on the recommendations of a committee led by ex RBI governor Bimal Jalan, CNBC-TV18 spoke with the former central banker to obtain his views on the process, the economy in general and on the topic of the current account deficit.
Messages on New Bank Licences »

vk1939

Platinum Member

126 Followers

State Bnk Tr  

THey aimply talking about the merger plans. The managements and staff are not interested. If your view is acceptable, the RBI can give a single licence and advise the applicants for the New Bank licence to form a group of participants. Why are opening Bharat Mahila Bank anew

6.35 PM Apr 11th

vk1939

Platinum Member

126 Followers

IDFC  

, there is a thin possibility for he new Govt--I mean BJP--to put all the hurdles for IDFC to start a bank. Who knows some more aspirants may also be permitted & join IDFC for opening banks.. This is my personal view as BJP is against new bank licences. v.krishnamoorthy

6.03 PM Apr 11th

Web Messenger

Platinum Member

208652 Followers

Banking & Financial Services - Sector  

Source:Economic Times - PUNE: Reserve Bank of India governor Raghuram Rajan has suggested new banking licence aspirants to consider applying for a differentiated licence instead of a full licence, indicating that the regulator may be willing to dole out such permits when it approves the next set

3.29 PM Apr 7th

PRAB1980

Gold Member

9 Followers

Yes Bank  

Before results target 550 and stock will reacch that. Reason: Good advance tax payment. Also fundamentally since less no of new banking licences so this bank will be benifited and will have lesser competition in banking space....infact aggressive banking space. Keep holding and buy on dips

2.57 PM Apr 5th

niftyfifty

Platinum Member

90 Followers

Just Posted  

This was his first public comment after the RBI issued new bank licences on Wednesday to two financial institutions — micro lender Bandhan Financial Services and Infrastructure Development Finance CompanyBSE 0.00 % ( IDFCBSE 0.00 %). They will have to set up shop with all compliances in the next 18

2.04 PM Apr 5th

niftyfifty

Platinum Member

90 Followers

Just Posted  

PUNE: Reserve Bank of India governor Raghuram Rajan has suggested new banking licence aspirants to consider applying for a differentiated licence instead of a full licence, indicating that the regulator may be willing to dole out such permits when it approves the next set of licences

2.04 PM Apr 5th

Web Messenger

Platinum Member

208652 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

DESI BULL

Silver Member

2 Followers

IDFC  

Big players have got baba ji ka thullu in new bank licence, it has effected big brokerage houses who have long positions in those, since due to high frustration they will keep degrading IDFC.

7.08 PM Apr 3rd

k.v.renga

Platinum Member

303 Followers

Just Posted  

sector,” said Financial Services Secretary G S Sandhu. When the guidelines for new bank licences were being framed, the finance ministry wanted industrial houses to get licences to the extent that wide differences cropped up between the two. RBI finally relented and agreed to the government’s demand

6.07 PM Apr 3rd

Willwin

Platinum Member

120 Followers

IDFC  

new bank licence is misplaced. IDFC track record so far is just average. So think before you are carried away by the hype. The condition imposed by the RBI for granting banking licence are much stricter this time than anytime in the past

5.54 PM Apr 3rd

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Apr 06, 2014 at 05:27 | Source: Business Today
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