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BANKING LICENSE CANCELLATION
RBI removes Paytm Payments Bank from list of scheduled banksIn April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying ...- Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
- ‘Brick by brick’: Trump’s campaign to dismantle the ICC enters new phaseThe Trump administration is preparing sanctions against the International Criminal Court as Washington escalates its campaign against the i...
- NIA arrests two key accused in Rs 17.29 crore counterfeit currency racket via Saharanpur PNB chestThe National Investigation Agency has arrested two individuals in Saharanpur for their alleged involvement. These arrests are linked to the...
- RBI cancels licences of 5 NBFCs, 8 others surrender registrationsThe Reserve Bank of India cancelled five NBFC registration certificates on Thursday. Eight other NBFCs surrendered their registrations for ...
- Why are Registered Investment Advisers so rare in India? The big reason may surprise investorsIn the Indian investment landscape, a stark difference exists between mutual fund distributors who earn commissions and fee-only advisors w...
- After Adani, Tata feels the heat: Indian firms under fire in Kenya?Kenya’s dispute with Tata Chemicals has revived concerns about Indian businesses in the country after Adani’s exit. But Kenya continues to ...
- Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
- RBI cancels licence of Satara-based Jijamata Mahila Sahakari BankThe Reserve Bank of India has cancelled the banking licence of Jijamata Mahila Sahakari Bank, Satara, citing inadequate capital and poor ea...
- RBI cancels licenses of two co-operative banksThe Reserve Bank of India (RBI) on Wednesday said it has cancelled the banking licenses of two co-operative banks in Maharashtra and Karnat...
- No interim stay on RBI order cancelling co-op bank's licenseThe Bombay High Court has refused to grant an interim stay on operation of the order passed by the Reserve Bank of India cancelling the lic...
- Reserve Bank of India says no to Axis Bank license cancel rumourThe rumour kept senior Axis management, its shareholders and depositors on the edge for the entire day. Its share price fell 2.54% to Rs 44...
- RBI cancels licenses of six Delhi-based NBFCsFollowing the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution...
- RBI cancels registration certificate of Dectsche SecuritiesRBI said it has cancelled the certificate of registration of the NBFCs for carrying on the business of non-banking financial institution.
- Ratings agencies keep close watch on telecom spaceRatings agencies and analysts are keeping a close watch on the emerging situation in the telecom space post
- 2G: Indian banking sector should be able to absorb loan-losses, says FitchThe Indian banking sector should be able to absorb loan-losses stemming from the cancellation of 2G mobile licenses without materially impa...
- No basis point hike by RBI: Ramnath Pradeep, CMD, Corporation BankIn an interview with ET Now, Ramnath Pradeep, CMD, Corporation Bank, talks about the possible basis point hike by RBI as well as Corporatio...
- RBI cancels license of S K Patil BankThe Reserve Bank of India (RBI) has cancelled the license of S K Patil Bank in Kurudwad.
- RBI cancels license of a co-op bankRBI has cancelled the license of Maharashtra-based Chetak Urban Co-Operative Bank and allowed its customers to claim deposits up to Rs 1 la...
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