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banking licence - Total results - 12

IDFC receives RBI approval for starting banking operation; plans to function from Oct 1

Updated : Jul 24, 2015

By : hidden hidden

Category : Business

IDFC receives RBI approval for starting banking operation; plans to function from Oct 1

IDFC and Bandhan Financial Services Pvt Ltd emerged successful out of 25 contenders for new bank licences #RBI #IDFC #banking licence #Bandhan
RBI to issue guidelines on licences for differentiated banking this year

Updated : Jul 04, 2014

By : hidden hidden

Category : Money

RBI to issue guidelines on licences for differentiated banking this year

The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licences later this year, deputy governor R. Gandhi told reporters on the sidelines of an event on Friday. #India #RBI #Reserve Bank of India #Monsoon #banking licence
Full list: These 23 companies are still waiting for a bank licence

Updated : Apr 03, 2014

By : FP Staff

Category : Business

Full list: These 23 companies are still waiting for a bank licence

The Reserve Bank of India (RBI) said on Monday it had received 26 applications for new bank licences, with Tata Sons Ltd, the holding company for India's largest conglomerate, among those seeking to set up the first new Indian banks since 2004. In February, the RBI released guidelines to allow corporate houses to form banks, part of an effort to expand access to financial services in a country where only about half the population has a bank account. Licence winners are expected to be announced by the first quarter of 2014. #RBI #Reliance Capital #ListsEtc #banking licence #Aditya Birla #Bajaj Finance
Airbus to boost its finance options by purchasing German lender

Updated : Feb 15, 2014

By : hidden hidden

Category : World

Airbus to boost its finance options by purchasing German lender

Airbus Group pressed ahead with post-Lehman plans to acquire its own banking licence on Friday, saying it would buy small German lender Salzburg Muenchen Bank AG to boost its financing options. #Airbus #liquidity #banking licence #ECB #german #Salzburg Muenchen
Decoder: Why running a bank did not make sense for Tata Sons

Updated : Nov 28, 2013

By : Vivek Kaul

Category : Business

Decoder: Why running a bank did not make sense for Tata Sons

The reason for the Tatas withdrawing the application for a banking license can be best explained through a line that Walter Bagehot, the great editor of The Economist wrote in his 1873 classic Lombard Street: A Description of the Money Market. As Bagehot wrote "the main source of profitableness of established banking is the smallness of requisite capital." #RBI #Tata Group #bank #Tata Sons #banking licence
Tata Sons out of banking race, will other big groups follow?

Updated : Nov 28, 2013

By : FP Staff

Category : Business

Tata Sons out of banking race, will other big groups follow?

The withdrawal implies that RBI's conditions were restrictive and complying with them would have affected the conglomerate's other businesses. #RBI #Banking #Tata Sons #Raghuram Rajan #banking licence
 RBI favours easing regulatory hazards for bank licensing

Updated : Nov 21, 2013

By : hidden hidden

Category : Economy

RBI favours easing regulatory hazards for bank licensing

Tata Group and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among those which applied for bank licences. #Economy #RBI #Anil Ambani #Yes Bank #PolicyWatch #banking licence #Kotak Mahindra Bank
Tata, Birla, Ambani among 26 applicants for bank licences

Updated : Jul 01, 2013

By : hidden hidden

Category : Business

Tata, Birla, Ambani among 26 applicants for bank licences

Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital and Bajaj Finserv are among the 26 private and pubic sector entities which have applied to RBI for grant of bank licences. #RBI #Tata Sons #Reliance Capital #banking licence #NewsTraker #Aditya Birla #LIC Housing Finance