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UNIVERSAL BANK LICENSE
Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...- Christopher Nolan's dubbed films account for up to 30% of India box office collectionsChristopher Nolan's films now reach a wider Indian audience through dubbed versions. These dubbed releases contribute significantly to the ...
- Why Great Innovations Fail to ScaleScaling innovation today demands contributions from multiple partners. Many innovations fail not because of flawed ideas but because teams ...
- The spy that cleans your floors; researchers say home robots could be building intimate profiles of American families, and most people have no idea it is happeningHousehold robots, equipped with advanced AI and mobility, pose significant privacy risks, collecting vast amounts of personal data beyond t...
- 'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- 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...
- RBI mandates AU Small Finance Bank promoter to shift stake for universal licenceAU Small Finance Bank is set to become a universal bank, pending promoter Sanjay Agarwal's transfer of his 22% stake to a holding company w...
- RBI grants AU Small Finance Bank a universal license, first in a decadeThe Reserve Bank of India has granted AU Small Finance Bank a universal banking license, the first in a decade, potentially paving the way ...
- AU Small Finance Bank eyeing an upgrade. What should investors do?AU Small Finance Bank received a ‘Hold’ rating with Rs 794 target from Asit Mehta, citing strong growth, secured loan base, and potential u...
- Jana Small Finance Bank to apply for universal bank license in MayJana Small Finance Bank is set to apply for a universal banking license in May, having met the RBI's stringent criteria, including reduced ...
- Jana Small Finance Bank eyes universal banking licenseJana Small Finance Bank plans to apply for a universal banking license next fiscal year. The bank has maintained a net non-performing asset...
- Ujjivan Small Finance Bank becomes eligible for universal banking license, but has no immediate plan to seek oneThe bank’s gross non-performing assets ratio stood below 3% and net NPA ratio below 1% for two consecutive years, making it entitled to app...
- Only AU Small Finance Bank eligible to apply for universal bank license nowAU Small Finance Bank, the largest lender of the pack, has met all the eligibility criteria set by the regulator. AU has Rs 12,560 crore of...
- ET Explains: The regulatory benefits for small finance banks transitioning to universal bankingRBI sets criteria for small finance banks to become universal banks, with benefits like improved branding and regulatory advantages. Criter...
- Small finance banks seeking universal banking license need at least Rs 1,000-crore net worth: RBIRBI said that listed and profitable small finance banks with gross non-performing assets ratio less than 3% for last two fiscals can apply ...
- Former Citibanker, top executive from Bharti Enterprise are among banking license applicantsFormer Citibanker Pankaj Vaish and Bharti Enterprises vice-chairman Akhil Kumar Gupta are believed to be among the applicants for universal...
- RBI releases names of applicants under ‘on tap’ Licensing of Universal BanksVSoft Technologies, Calicut City Service Co-operative Bank and Dvara Kshetriya Gramin Financial Services have applied for a small finance b...
- Sachin Bansal's Chaitanya India Fin Credit applies for universal banking licenseThe Reserve Bank, which is very selective about who enters the banking fray, had earlier made universal bank licenses available on tap. If ...
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