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ON TAP BANKING LICENCE
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...- Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- One MobiKwik Systems shares soar 20% in two sessions. What’s triggering the sharp surge?MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. ...
- We need more modern banks to build an advanced economy: Sachin BansalFlipkart founder keen to take his financial services co public this fiscal year; getting banking licence remains long-term ambition; NBFC a...
- 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...
- IFC eyes 4.5% in Navi Tech for $30 mnNavi Technologies is in the process of acquiring 100% stake in microfinance company Chaitanya Rural Intermediation Development Services Pri...
- 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.
- Bank licences on tap but hardly anyone to tap113 scrambled to get a licence in 2015. After two years shows: 21 got the licence, three have dropped out of the race and nearly a dozen ar...
- 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 ...
- On tap banking licences will up competition, hit PSBs: IcraCoupled with the capital constraints of PSBs owing to non-performing assets, their market share can go down by up to 10 percentage points i...
- 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...
- Final norms for on tap bank licences this fiscal: RBIThe Reserve Bank had earlier issued draft guidelines for payment and small banks and is in the process of finalising the final norms.
- Reserve Bank of India's fresh norms on new bank licences in next four monthsAfter an hour-long presentation to Finance Minister Arun Jaitley, Sandhu said: "RBI will take 4 months to draft new guideline and then invi...
- 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 says, bank licences 'on tap'; may not flow freelyThe only difference will be that you can submit an application at any time of the year and have it rejected instead of waiting for a decade.
- 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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