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BANK LICENCING REGIME
Labour Code set to bring long-term gains, but transition may test India IncIndia's new labour laws promise easier business operations ahead. However, companies face a complex transition period. Navigating different...- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- Govt imposes import curbs on silver amid push to tighten precious metals inflowsNew government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. T...
- 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 ...
- 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.
- On-tap bank licencing 'credit positive' for NBFCs: Moody's"This is credit positive for non-bank finance companies (NBFCs) because it makes it easier for them to meet the requirements for a banking ...
- Some players likely to stay away from second round of bank licensingThe RBI on July 18 kicked off the differentiated banking licence regime by proposing guidelines on small banks and payments banks.
- Airtel submits application for new licence in Delhi, KolkataLicences of Airtel in Delhi and Kolkata are expiring in November this year. A UL would be required to continue operations in each service a...
- Telecom Department to ammend existing UAS licenceThe licence and finance wing of the telecom department has suggested amending the existing unified access service (UAS) licence.
- Reserve Bank of India's P J Nayak panel report calls for single bank licencing regimeThere is a need for bank licencing regime to be in a uniform mode for all broad-based banks, irrespective of their ownership, an RBI panel ...
- RBI grants in-principle approval to IDFC, Bandhan for new bank licencesIndia Post could get a licence with the regulator saying it may issue one to the institution with the largest presence across the country a...
- Unified telecom licence amended; relief to operatorsDepartment of Telecom has amended the unified telecom licence to do away with the clause which operators claimed mandated 'forced migration...
- Bharti Airtel seeks DoT assurance on court cases before shifting to unified regimeBharti Airtel wants the telecom department to agree to certain conditions before it begins the migration to a unified licence (UL) regime.
- Govt unveils new telecom licence normsGovernment today unveiled long awaited Unified Licence norms that provide for delinking of spectrum from operational permits.
- Cross-holding rules in telecom to be abolishedPresent norms allow mobile phone companies to hold up to 10% equity in another operator in the same circle.
- Government expects good response to 2G spectrum auction: Milind DeoraGovt has said it is expecting a good response in the upcoming auction of airwaves as there will be more clarity and transparency.
- Telecos can bid for new bands during spectrum auctions: Telecom CommissionExisting telecom players bidding in bands where they don't hold spectrum will be treated as new entrants in airwave auction slated for Nove...
- Telecom Commission to finalise new mobile licence norms by FridayThe new licensing guidelines will be formalised after considering TRAI's recommendations such as delinking spectrum from licences.
- Licensing norms for new telcos by Friday: Telecom CommissionTelecom Commission is expected to finalise the guidelines for new telecom licences by Friday.
- Differentiated bank licences in the pipelineThe Reserve Bank of India, plans to introduce the differentiated bank licensing policy.
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