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BANKING LICENCE DEBATE
RBI to give new bank licences within the next 10-15 days after Election Commission's nodRBI will be granting new licences after more than a decade since it handed out licences to YES Bank in 2003 and Kotak Mahindra.02 Apr, 2014, 08.38 AM IST- 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...21 Jun, 2013, 10.57 PM IST
- Bank Licences: RBI should make financial inclusion an opportunity not an obligationThe RBI needs to spur innovative distribution solutions and partnerships with retailers and telcos to extend the last-mile reach cheaply.12 Apr, 2013, 08.02 AM IST
- India Infoline to seek banking licence; IDFC may also join queueIndia Infoline's board will meet next week to consider the proposal, said chairman Nirmal Jain. IDFC is "evaluating the option", said an of...19 Mar, 2013, 06.37 AM IST
- New banks welcome, but systemic controls important: KotakConglomerates being considered for new banking licences in India but must have systemic controls to safeguard against any contagion impact:...27 Jan, 2013, 01.06 PM IST
- Banking Bill passed by Lok Sabha: Corporates set to open bank accountsLarge Indian business houses such as the Tatas, Birlas, came a step closer to entering the banking space with the Lok Sabha passing the Ban...19 Dec, 2012, 11.55 AM IST
- Valuations of L&T Finance, Shriram Transport, M&M Financial look stretched: AnalystsShares of NBFCs have surged this year, with L&T Finance gaining 109% as of Friday’s close, and Shriram Transport Finance rising 74%.17 Dec, 2012, 04.21 PM IST
- More powers to RBI may open doors for banks in the countryRBI may be closer than ever in proceeding with new bank licences though it would ensure that only a few with impeccable track record get th...29 Oct, 2012, 07.38 AM IST
- Bank licences: RBI wants to make regulation foolproof before allowing corporates into bankingThe central bank plans to issue an unspecified number of new bank licences, the first time since 2004.24 Aug, 2011, 04.04 AM IST
- Groups with financial biz exposure may need separate risk fund for bank licencesIndustrial houses that run mutual funds, insurance companies and non-banking financial firms may have to create a separate contingency fund...10 Mar, 2011, 01.38 AM IST
- Govt plans dual licence for financial inclusion driveSurvey favours basic banking licence for MFIs, NBFCs and full licence for corporate aspirants.26 Feb, 2011, 01.31 AM IST
- PFC & REC set sights on bank foray, to hire consultantsState-run Power Finance Corporation and Rural Electrification Corporation are hiring consultants to advise them on either setting up a bank...28 Dec, 2010, 04.38 AM IST
- Power finance cos plan to team up for banking foraySTATE-RUN power finance companies are mulling a consortium along with other private sector peers to seek a licence for a bank, which will a...12 Oct, 2010, 04.47 AM IST
- Bank licence for companies still sparks debateNoted economist Raghuram Rajan had suggested that RBI could grant licences to corporates that have financial services as their sole busines...17 Aug, 2010, 04.45 AM IST
- RBI should offer limited banking licence to large securities firms: E&YManagement consultancy firm Ernst & Young has made a case for limited banking licences for large Indian securities firms.11 Aug, 2010, 02.58 AM IST
- Industry groups unlikely to get banking licencesThe government has told the Reserve Bank of India (RBI) that the norms for approval of new banking licences could be based mainly on the ex...29 Mar, 2010, 12.24 AM IST
- ICICI Bank, HDFC Bank may be 'foreign'Vittal Leeladhar, RBI’s deputy governor, said there are two large Indian banks which can in fact be termed as “foreign banks”.27 Nov, 2007, 02.01 AM IST
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