New Bank Licences

Aug 23, 2016 at 13:50 | Source: PTI
In a bid to shore up cash-strapped public sector banks, the government last month announced infusion of Rs 22,915 crore capital in 13 lenders including SBI and Indian Overseas Bank to revive loan growth that has hit a two-decade low.
Aug 23, 2016 at 13:32 | Source: PTI
"While Patel is new as a Governor, he's not new for RBI. Second thing is, in his present role as deputy governor RBI, he is incharge of monetary policy, which was already the centre-stage of inflation...interest rate-related activity or Monetary policy related activity," he said on the sideline of an event organised by CII here.
Aug 22, 2016 at 15:12 | Source: CNBC-TV18
Speaking to CNBC-TV18, Kishor Kharat, MD & CEO of IDBI Bank says that the new Reserve Bank governor, Urjit Patel, must focus on strengthening balance sheets as well as keeping inflation under control.
Aug 22, 2016 at 11:27 | Source: CNBC
Currently deputy governor at the Reserve Bank of India (RBI), Urjit Patel will take the helm on September 4 for a three-year term, with a possible two-year extension.
Aug 22, 2016 at 10:54 | Source: CNBC-TV18
Saurabh Mukherjea, CEO-institutional equities of Ambit Capital, maintains his Sensex year-end target at 29,500.
Aug 22, 2016 at 09:59 | Source: CNBC-TV18
Standing out from the lot, Taimur Baig, Chief Economist, Asia and Global Markets Research at Deutche Bank, says that the new regime will tilt more towards the dovish side.
Aug 22, 2016 at 08:48 | Source: PTI
"Patel has played a key role in developing the new monetary policy framework that has focused on reining in inflation and imparted stability to the currency," country's largest private sector lender ICICI Bank's managing director and CEO Chanda Kochhar said.
Aug 22, 2016 at 08:46 | Source: PTI
"It is a brilliant choice. Urjit Patel is the architect of the new monetary policy agreed upon by the Finance Minister and the RBI. He has a sharp mind and lots of experience in the bank. I congratulate the government on such an excellent choice," Indian-origin British politician and economist Meghnad Desai told PTI.
Aug 22, 2016 at 08:28 | Source: Reuters
Less well known is whether a man who seems to feel most at ease in his own company commands the communication skills to answer to multiple constituencies and keep a 17,000-strong team on his side.
Aug 21, 2016 at 17:05 | Source: PTI
Stock market is expected to cheer the appointment of Reserve Bank's Deputy Governor Urjit Patel as the new Governor, which the experts say sends a clear message to investors about continuity in policy.
Messages on New Bank Licences »

Nucleus Softwar  

New products lances new bank licence benefit nuc software.

2.40 PM Jun 26th 2014


Platinum Member



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


Gold Member


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. maximum

10.08 AM May 19th 2014

Web Messenger

Platinum Member



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

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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


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


Platinum Member


Indian indices  

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

7.55 PM Apr 1st 2014

sam patel

Gold Member


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


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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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