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RBI rejects 6 applications for setting up banks“The examination of six applications has now been completed as per the procedure laid down under these guidelines,” the RBI said in a state...- FIDC-led consortium to set up on-tap refinance mechanism non-bank lenders“There is a dire need for an effective refinance mechanism to ensure diversity and greater regularity in sources of funds to NBFCs,” FIDC s...
- Kotak Mahindra Bank forays into healthcare lending; not to use RBI's liquidity windowRBI, in May, announced on-tap liquidity window of Rs 50,000 crore for lending to the healthcare sector by banks. But the private sector len...
- RBI Policy: Stressed firms get longer access to dedicated liquidity windowThe Reserve Bank of India allows Covid-affected sectors to avail soft loans until year-end to help nurse a fragile recovery.
- Crisil fears large companies will benefit from RBI sops for contact-intensive sectorsEarlier in the day, the RBI relaxed the eligibility criteria for the restructuring window offered under the Resolution Framework 2.0 to Rs ...
- On-tap liquidity facility: RBI asks banks to on-lend to healthcare cos in 30 days of availing creditEarlier this week, the RBI had decided to open an on-tap liquidity window of Rs 50,000 crore with tenures of up to three years at the repo ...
- Rs 50,000 cr priority lending announcement for COVID-related services a welcome move: Sangita Reddy"To boost provision of immediate liquidity for ramping up COVID-related healthcare infrastructure and services in the country, an on-tap li...
- NBFCs ask RBI again to open TLTRO window to access fundsSeveral attempts to make liquidity available to small non-bank lenders haven’t succeeded. The previous liquidity windows have failed to ens...
- RBI nudges credit growth, announces Rs 1 lakh crore on-tap TLTRO windowIt has been decided to conduct on-tap TLTRO with tenors of up to three years for a total amount of up to Rs 1 lakh crore at a floating rate...
- RBI should offer digi-payment licences on-tap, says industryFirms seek access to Aadhaar database for faster e-KYC and also want RBI to speed up the process for a centralised KYC mechanism.
- NetApp adds AI to Bangalore-made TechIt uses artificial intelligence test software and hardware products, run code checks and identify failures with the help of artificial inte...
- UAE Exchange and Financial Services applies for banking licenceThe non-banking company is in the business of foreign exchange, outward remittance, money transfer, gold loan, insurance and share trading.
- Guidelines for on-tap banking shortly: Raghuram RajanWhole-sale banking and custodian banks are not present in the country today, except for the representative offices of Western banks.
- NetApp bullish on India, to strengthen operations and R&DUS-based IT major NetApp has said it will soon introduce the latest storage and data management tools in the country to help domestic enter...
- R Gandhi: Final rules for on-tap banking licences will be issued this fiscal“We are working towards issuing guidelines for full service banks on tap. I cannot give you a timeline, but it will be in this financial ye...
- Losing licence bid no bar for stake buy in a bank: Reserve Bank of IndiaAn entity's failed attempt at getting a bank licence will not have any bearing on its move to pick up a large share-holding in an existing ...
- 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 ...
- 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...
- 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...
- NBFCs rally as Rajan reiterates RBI's plan on new bank licences in Jan 2014New banking licences would be issued by the end of January 2014, while the central bank is also contemplating 'on-tap' issuance of licences...
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