RBI should revisit its policies, even redefine objectivesRBI needs to put its house in order. Every failure brings an opportunity to rectify past mistakes.
16 Oct, 2018, 08.36 AM IST
Bond yields should stabilise in 6.85%-6.90% range: K Harihar, FirstRand Bank“Bulk of the stress on the bond market may be coming from abroad”
31 Oct, 2017, 03.36 PM IST
LIC may participate in bank recapitalisation programmeLIC in the past has pumped capital in PSBs through preference share allotment and QIP.
29 Oct, 2017, 04.18 PM IST
Zero-Coupon Bonds, holding co may help raise Rs 1.35 lakh croreFinance minister Arun Jaitley announced a Rs 2.1 lakh crore capital infusion plan aimed at shoring up banks burdened by bad loans and reviv...
25 Oct, 2017, 11.22 PM IST
To avoid dilution of stake in PSBs, government looking at capital infusion optionsGovernment has committed to keep 51 per cent stake in state-run banks and maintain capital adequacy ratio (CAR) at 8 per cent.
28 Jan, 2014, 03.49 AM IST
We see case for revising norms by RBI if response for banking licences is tepid: DK Mittal, Finance MinistryI do not think there are any chances of government companies being better placed than the private sector companies.
01 Jul, 2013, 05.03 PM IST
Murugappa Group to take a call on foray into banking sectorDiversified business conglomerate Murugappa Group would take a call on its foray into banking services sector over the next couple of month...
03 May, 2013, 08.50 PM IST
- RBI hopes to ringfence new banks from promoter groups
The new rules say that at least 50% of the directors of the holding company should be independent directors.
23 Feb, 2013, 04.08 AM IST
Finance Ministry favours real estate, broking firms to set up banksRBI will regulate financial holding company and different entities under the holding company will be regulated as per the business they car...
20 Jan, 2013, 11.00 AM IST
Structure of holding company for public sector banks: Finance ministry seeks RBI's viewsThe finance ministry has sought the RBI's views on the structure of a holding co for PSBs to avoid regulatory issues when the model for the...
06 Oct, 2012, 06.13 AM IST
- PSBs to raise capital through preferential placement of equity
The finance ministry will go in for preferential placement of equity, the quickest mode of raising funds for cash-starved banks, a senior o...
24 Dec, 2011, 12.34 PM IST
- Religare forms panel to boost efforts for banking foray
As per the draft guidelines, companies which are primarily engaged in real estate or stock broking will not be eligible for setting up bank...
30 Aug, 2011, 10.04 PM IST
- Will send comments on draft guidelines for new banks soon: PFC
Power Finance Corporation will send its comments on the draft guidelines for business houses to set up commercial banks to RBI in next coup...
30 Aug, 2011, 03.05 PM IST
- RBI's new bank licensing norms: Corporates will need a minimum capital of Rs 500 crore to open a bank
Corporates will need a 10-year track record. Entities with income exceeding 10% from realty ineligible. New banks must list within 2 years.
29 Aug, 2011, 03.39 PM IST
- Banks, their holding cos may have to get listed
Both banks and their holding companies may have to get listed under the rules being considered to introduce a holding company structure for...
16 May, 2011, 02.15 AM IST
- RBI sets holding company rider for bank licence
The Reserve Bank of India will allow a promoter or a promoter group to establish new banks if they set up a holding company.
23 Mar, 2011, 02.29 AM IST