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DIFFERENTIATED BANK LICENCES
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...- Cohance Lifesciences shares skyrocket 20% on hiring former Cipla CEO Umang VohraShares of Cohance Lifesciences surged 20% on Monday after the appointment of former Cipla CEO Umang Vohra as its new Executive Chairman and...
- AU Small Finance Bank, ICICI Bank top picks as banking sector shows resilience: Siddhartha KhemkaIndia's banking sector concluded FY26 strongly, with credit growth hitting 16.1% and deposits surging 13.5%. Banks aggressively mobilized f...
- Oxigen likely to appoint Sachin Tendulkar as its brand ambassadorIt is now gearing up for second round of differential licences, which may be issued by the central bank in due course.
- First set of differential bank licences by month-end: Raghuram Rajan"I hope to announce at least one set of bank licences (either small finance or payments banks) before the end of this month,"Raghuram Rajan...
- Differentiated bank licences a welcome moveIt is welcome that the Reserve Bank of India (RBI) has initiated the process of granting differentiated bank licences by issuing draft guid...
- Large number of banks can co-exist with few big ones: Chanda KochharAs new players get ready to join India's banking space, top banker Chanda Kochhar feels there is space for a few large banks.
- Reserve Bank of India's fresh norms on new bank licences in next four monthsAfter an hour-long presentation to Finance Minister Arun Jaitley, Sandhu said: "RBI will take 4 months to draft new guideline and then invi...
- India Post needs to apply afresh to Reserve Bank of India for bank licenceIndia Post will have to apply afresh to the Reserve Bank under differential licence guidelines if it wishes to start banking operations.
- RBI to issue guidelines for on-tap banking licences in FY15: R. GandhiLast month, the RBI gave bank licences to IDFC Ltd , and Bandhan Financial Services, opening the door for allowing new banks for the first ...
- India not yet prepared for differentiated banks'model: ReportIt would be a bit early to introduce the differentiated banks' model in the domestic context, SBI's research unit has said in a statement.
- Raghuram Rajan says, bank licences 'on tap'; may not flow freelyThe only difference will be that you can submit an application at any time of the year and have it rejected instead of waiting for a decade.
- Differentiated Bank Licence: Will they be old wine in a new bottle?Soon after granting licence to IDFC and Bandhan, RBI's Rajan said the industry is on the cusp of a transformation in the form of differenti...
- Raghuram Rajan pitches for differentiated bank licences, on-tap approvalsReserve Bank of India governor Raghuram Rajan again asks lenders to step up vigil for early detection & mitigation of bad loans plaguing ba...
- Some applicants may be better at differentiated banking: Raghuram RajanRajan was talking to reporters on the sidelines of the annual convocation of the RBI-run National Institute of Bank Management.
- Granting of new bank licences not a political process: Rajan"This is not in any way a political process. It is an economic and regulatory process and therefore seen as distant and different...we have...
- Finance minister P Chidambaram advocates the need to have new banks for underserved areasEarlier, RBI had mooted the idea of differentiated bank licences in serving the under-banked or unbanked people mostly in rural parts.
- Differentiated licensing talk gives banking aspirants hopeThe central bank on August 27 has suggested that after years of single-track approach to bank licensing, it could consider different types ...
- UBS AG to exit banking business in IndiaAfter lobbying hard to own a bank in India and battling allegations of money laundering, the Swiss US financial group UBS AG surrendered it...
- Differentiated bank licences in the pipelineThe Reserve Bank of India, plans to introduce the differentiated bank licensing policy.
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