Banking Licence

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Banking Licence - Total results - 24
Licence aspirants begin groundwork; prepare for banking foray
Business

Licence aspirants begin groundwork; prepare for banking foray

Corporate entities interested in setting up new banks, including Reliance and Religare, have begun doing the groundwork after a key Bill was passed in the Lok Sabha last evening.

Differences with RBI Governor is media creation, says FM
Economy

Differences with RBI Governor is media creation, says FM

Union Finance Minister P Chidambaram today dismissed as "media creation" reported differences between Government and RBI Governor D Subbarao.

Get this: StanChart may lose New York licence over Iran ties
Business

Get this: StanChart may lose New York licence over Iran ties

The New York State Department of Financial Services said the British bank "schemed" with the Iranian government and hid from law-enforcement officials some 60,000 secret transactions to generate hundreds of millions of dollars in fees over nearly 10 years.<br /><br />

RBI-FM agree to keep corporates out of banking
Business

RBI-FM agree to keep corporates out of banking

It appears that the central bank is not convinced that the so called promoters of businesses would keep an arm's length from the money in the banking system.