New Banking License

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
Amid mounting bad loans in thebanking system, chartered accountants' apex body ICAI's newPresident M Devaraja Reddy today said the current system ofselecting auditors for public sector banks is a reason for therising non performing assets.
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 04, 2016 at 15:48 | Source: Moneycontrol.com
The NDA Government appears to be very keen on setting this story right which is evident from the efforts being made by the oil ministry towards stakeholder participation in policy formulation.
Messages on New Banking License »

sam patel

Gold Member

32 Followers

L&T Finance  

after 3 months new bank license process will re start and L&T FH will be in 3 digit in 3 months. so Buy for 3 months for target of 120rs.

10.31 PM Jun 2nd 2014

Dakshina murthy

Platinum Member

48 Followers

Odd One Out  

new bank license rules makes it mandatory for new banks to go rural and these new banks going forward will give these PSB`s a run for their money. on a longer time frame these bank will do a Suzlon and RCOM moves in next 10yrs timeframe. Regards DM

6.20 PM May 19th 2014

Karnataka Bank  

Such a well established bank that KTK is, compared to UNESTABLISHED IDFC that just got New Bank License, IDFC`s price/book is twice that of KTK; considering all the angles KTK should reach atlest Rs300 to reach same Price/Book as that of IDFC i.e a ratio of 1.44

10.06 AM Apr 5th 2014

laxmi2390

Silver Member

4 Followers

IDFC  

No difference with new bank license announcement in price. Stayed at yesterday price. Eaten some body`s between 139- 133. If the same licence goes to LT or relcap the scrips may boost to 15 to 20% higher.

12.11 PM Apr 3rd 2014

veera

Gold Member

56 Followers

City Union Bank  

CUB will go up tomorrow, with new bank licenses likely to be issued at any moment, now EC cleared

8.20 PM Apr 1st 2014

SunilGowdru

Gold Member

34 Followers

L&T Finance  

once Rbi get clear nod from EC they are going to give new banking license. its a clear positive news

11.17 AM Apr 1st 2014

attota

Platinum Member

193 Followers

United Spirits  

Thanks dear - waiting for new bank licenses announcement and away from USL which is hovering around 2500 what abt you ??

12.43 PM Mar 31st 2014

kaka2712

Gold Member

19 Followers

Indiabulls Hsg  

it is moving as other new banking license candidate

2.45 PM Mar 27th 2014

profitshop

Silver Member

59 Followers

LIC Housing Fin  

Commission on giving the go ahead to the apex bank on issuing new bank licenses. “The directive for the same will be issued any time,” government sources said. It is learnt that the decision comes days after the RBI governor Raghuram Rajan sought the clearance for issuing new banking licences to ensure

9.53 PM Mar 23rd 2014

profitshop

Silver Member

59 Followers

IDFC  

Commission on giving the go ahead to the apex bank on issuing new bank licenses. “The directive for the same will be issued any time,” government sources said. It is learnt that the decision comes days after the RBI governor Raghuram Rajan sought the clearance for issuing new banking licences to ensure

9.52 PM Mar 23rd 2014

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