Book review: How PSU banks were in denial mode on NPAs and how RBI cushioned impact of 2008 economic crisis
In June last year, the RBI referred 12 accounts, totalling about 25 percent of the gross NPAs, for resolution under the new Insolvency and Bankruptcy Code
Bandhan Bank files for Rs 2,500 cr IPO: Charting the institution's growth from a micro lender to bank
In April 2014, Bandhan was one of the two entities, another was IDFC, that won banking licence from the RBI defeating big companies in the fray
With just over a month left for his term coming to end at Mint Road, outgoing Reserve Bank of India (RBI) governor Raghuram Rajan has taken one of the key reform-steps in the country’s banking sector by announcing final norms for ‘on tap licensing’ or continuous licensing.
In August, RBI) issued in-principle approvals for 11 entities to set up payments banks and followed this up with the issuance of ten more licences for small finance banks in September
IDFC and Bandhan Financial Services Pvt Ltd emerged successful out of 25 contenders for new bank licences
Bandhan Financial Services, a micro-finance company which is in the process of setting up a universal bank, has received commitment to equity infusion of Rs 1,100 crore by two entities.
The Department of Posts has been trying to get the clearance of the finance ministry for some time now.
Bandhan Financial Services, the first microfinance institution in the country to win a bank licence.