Banking Bill

Religare Enterprise's group CEO Shachindra Nath, explains on CNBC-TV18, that the company stands a high chance of being granted a licence as it has Rs, 13,000 crore in assets and is focused on the SME sector.

Shriram Group eyes banking arena

With the Rajya Sabha also giving its nod to the banking bill today, Chennai based Shriram group is hoping their long-standing plan for obtaining a banking license will now bear fruit.

Nifty unlikely to go beyond 6000 in Dec series: SP Tulsian

The finance ministry approved the banking amendment bill yesterday. The bill offers RBI some important regulatory powers to issue new banking licenses. CNBC-TV18 spoke to SP Tulsian of sptulsian.com to know more about the issue and why IDFC is a favourable choice for the banking licence.

Banking licence: Waiting for final RBI guidelines, says L&T

In an interview to CNBC-TV18, R Shankar Raman, chief financial officer, L&T says clearance of Banking Bill is a positive.

Banking Bill is positive; not keen on banking foray: Godrej

Godrej group chairman Adi Godrej, while hailing the passage of the Banking Bill in the Lok Sabha, explains to CNBC-TV18 that the Bill will address the need for more facilities in the banking sector as it will hasten the speed with which the economy picks up and aid the expansion of the financial services sector.

Bill will increase competition in banking biz: Kidwai

HSBC India head Naina Lal Kidwai, in a reaction on the approval of the Banking Bill in the Lok Sabha on CNBC-TV18, explains that this is a very important signal sent out by the government.

RBI should form guidelines before grant of licences: E&Y

Ashvin Parekh, partner, Ernst & Young, in his reaction over the passage of the Banking Bill in the Lower House, explains that with the RBI being accorded the necessary powers should formulate clear and adequate guidelines before kickstarting the process to grant licences

Futures trading clause dropped on Oppn demand

The government will drop a controversial clause from a banking bill pending in parliament that would have allowed banks to trade in commodity futures, Parliamentary Affairs Minister Kamal Nath said on Tuesday.

Nifty directionless; SBI, HDFC down

Markets remained lacklustre as investors chose to stay on the sidelines despite a positive October IIP number and news of an agreement between government and Opposition on the crucial Banking Bill.

Nifty above 5900; M&M Fin, L&T Fin up 5% on Bank Bill pact

After staying lacklustre for half a day, markets are likely to react positively to BJP chief LK Advani's statement that Opposition and the government have reached an agreement on Banking Bill.

Is the govt faltering from focus on economy? Experts debate

As the government appears to be swamped by scams, hunger fast and the Lokpal logjam, many in the industry are asking, does it have the time to manage India’s crumbling economy? Karan Thapar discusses with guests on India Tonight.