Bank License

Equitas Small Finance Bank MD & CEO PN Vasudevan tells Moneycontrol that post the one-time write off in Q1, net NPA ratio will be maintained at less than a percent, making the bank eligible for universal banking licence

Bajaj Finance’s stock valuation – The good, the bad, and the ugly

BFL’s business has to be seen through a prism – an NBFC, a fintech player, or a potential bank?

RBI cancels the licence of Vasantdada Nagari Sahakari Bank; 99% depositors to get full deposits back

The RBI said the bank has failed to comply with the requirements and the continuance of the bank is prejudicial to the interests of its depositors.

Model code of conduct won't stop Co Act notifications: EC

With the announcement of poll schedule for 16th Lok Sabha, the model code of conduct has come into force.

Jalan panel submits bank license recos to RBI

Speaking to CNBC-TV18, sources said criminal investigation doesn't bar applicants from getting license since registration of case, without conviction, is not enough to strike down applicants. The Jalan Panel has assessed the reports of all investigative agencies.

Stocks in news: HCL Tech, Man Ind, Bombay Rayon, Oberoi

Maruti Suzuki | Tata Metaliks | Infotech Enterprises | Man Industries | Bombay Rayon | SKS Microfinance | Oberoi Realty and Financial Technologies are stocks, which are in the news today.

Major focus on home finance opportunity: Indiabulls Hsg Fin

Gagan Banga, MD & CEO, Indiabulls Housing Finance told CNBC-TV18 that the management is clearly focused that it wants to pursue the home finance opportunity. However, in an ideal world after a few years we would want to migrate and progress to being a bank.

Rupee paying for govt mess; don't like gold NBFCs: HDFC Sec

For market players, Dipen Sheth's (of HDFC Securities) advise is to stick to rupee sensitive sectors. After recent regulatory changes, the telecom sector may see a good run but Sheth questions the government's need to intervene in tariff matters.

LIC to put 10-15% of investible fund into equity market

In an interview with CNBC-TV18, the chairman of the company, DK Mehrotra said that irrespective of the global newsflow, India’s growth story was intact largely due to the economy being domestic consumption driven.

New bank guidelines look good prima facie: ICICI Pru

S Naren, CIO Equity, ICICI Prudential Mutual Fund in an interview to CNBC-TV18 gave his views on RBI's draft guidelines for licensing of new banks in the private sector.