Latest News on New banking licence
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New banking licence - Total results - 10
Nov 17, 2014
Watch out SBI, HDFC Bank: Small and payment banks will dent your monopolyBy 2015, when small and payment banks start setting up shop, the competitive scenario is bound the change substantially. The high-margin banks will face competition for cheap deposits
Nov 18, 2013
Not CBI: FM needs to free the real 'caged parrots' - PSU banksThe FM wants innovative banking models, but this can't happen when competition is so low and the public sector banks are kowtowing to North Block
Sep 27, 2013
New bank licences: RBI's 'fit' criteria ambiguous, says Yashwant Sinha panelYashwant Sinha panel wants minimum capital to be doubled to Rs 1000 Cr; terms existing fit and proper criteria as subjective.
Apr 10, 2013
New banking licences may give rise to crony capitalism, say MPsMembers of the Parliamentary Standing Committee on Finance quizzed the RBI chief on central bank's guidelines for awarding new bank licences, sources said
Mar 07, 2013
New banking licence: RBI asks applicants to send queries by 10 AprilThe Reserve Bank of India said it would publish clarifications related to the recently released final rules on bank licences on its website as it had received several queries from applicants seeking more details.
Mar 04, 2013
Fin inclusion plan key criteria for new bank licence, says RBIThe Reserve Bank today said financial inclusion plan will be an important criteria for getting new bank licences in the private sector.
Feb 24, 2013
Corporates including M&M, L&T, PSUs queue up for banking licencesMore than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, will apply to the Reserve Bank for licence to open banks.
Dec 11, 2012
Speculative trading at the crux of furore over banking billThe sweet taste of victory turned a bit sour for the UPA after oppn sought to stall another reform bill, arguing that the amendment to the banking regulations bill that allows banks to participate in commodity futures trading was not vetted by a Parliamentary panel.
Nov 17, 2012
Why RBI and FM must both do their own thingsThe finance ministry and the RBI have to do what they think is right. They are each right in their own spheres and must try to understand each other
Nov 16, 2012
No new banking licences without legal backing, says SubbaraoA day after Finance Minister P Chidambaram asked the Reserve Bank to speed up the process of issuing new bank licences, Governor D Subbarao today said it would be impossible to do it without meeting certain regulatory parameter