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UNIVERSAL BANK LICENCE
Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance BankJana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- AU Small Finance Bank files final application for universal banking licence: Vivek TripathiAU Small Finance Bank has submitted its final application for a universal banking license. This follows the Reserve Bank of India relaxing ...
- AU Small Finance Bank files for final universal bank licenceAU Small Finance Bank has submitted its final application for a universal banking license after the RBI relaxed the non-operative holding c...
- AU Small Finance Bank, ICICI Bank top picks as banking sector shows resilience: Siddhartha KhemkaIndia's banking sector concluded FY26 strongly, with credit growth hitting 16.1% and deposits surging 13.5%. Banks aggressively mobilized f...
- RBI returns Ujjivan Small Finance Bank's application for universal bank licenceThe Reserve Bank of India has returned Ujjivan Small Finance Bank's application to become a universal bank. The central bank cited the need...
- Jana Small Finance Bank set to merge investment and financial holding firmsThe decision to merge the two holding companies into one is not related to Jana's universal banking aspirations while this would only help ...
- SFBs shares rise as RBI grants universal banking license approval to AU SFBSmall finance bank shares saw a rise after Reserve Bank of India granted AU Small Finance Bank a universal banking licence. This move spark...
- In graphics: Small finance banks want to make it bigBigger peers waiting in line include AU SFB and Ujjivan SFB. A universal banking licence will give SFBs greater operational fl exibility an...
- Jana Small Finance Bank shares rally 6% after applying for universal banking licenceJana Small Finance Bank has applied to the RBI for a universal banking licence. Calling it a key milestone, the bank said the move undersco...
- Jana Small Finance Bank applies for universal banking licenceJana Small Finance Bank has applied to the Reserve Bank of India for approval to transition into a universal bank, marking a key step in it...
- Ujjivan Small Finance Bank applies for universal banking licenceUjjivan Small Finance Bank has applied for a universal banking license, positioning itself to transition from a small finance bank. Complyi...
- RBI sets eligibility rules for SFBs seeking universal banking licenceBoth these lenders, along with Equitas, announced their intent to seek universal banking licence, which offers more regulatory flexibility ...
- Small finance banks wish to shed "small" tag, wait for RBI signal to seek universal licenseSmall finance banks in India, including AU, Equitas, and Ujjivan, are waiting for regulatory approval to upgrade their licenses and become ...
- 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...
- Clarity sought on eligibility for universal, small-bank licencesLegal experts have reached out to the Reserve Bank of India (RBI) and sought clarity around the eligibility criteria to apply for both univ...
- 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 eyes universal bank licence to clock lending of Rs 1,000 croreThe company is still eager to set up a bank once for universal bank licences and most recently when it failed to grab a small finance bank ...
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