Banking Licences

New bank licences likely by March 31: Key takeaways

Vikram Pandit joins race for Indian banking licences

Pandit may either form a team of ex-Citi colleagues for the operational impetus to the bank or could lead the banking venture for an existing corporate house.

RBI's final guidelines on new bank licences in 2 weeks: FM

The Reserve Bank will announce new bank licensing guidelines within a fortnight under which four-five licences are likely to be given to private sector entities, Finance Minister P Chidambaram said today.

RBI likely to issue new bank license guidelines in 4-6 weeks

The RBI is likely to issue final guidelines for grant of banking licences to new players within the next 4-6 weeks,

RBI to expedite process for issuance of banking licences

A day after Lok Sabha passed the Banking Laws (Amendment) Bill, RBI Deputy Governor K C Chakrabarty today said the process for issuing new banking licences will be expedited.

FM meets BJP leaders, hopeful of support for key reform bills

While the banking bill seeks to facilitate issuance of new banking licences, the insurance bill aims to increase FDI cap in the sector to 49 percent. The other two bills on debt recovery and money laundering have already been passed

New banking licences: what is at stake

Finance Minister P Chidambaram yesterday said the government has asked the Reserve Bank of India to expedite the process of issuing new bank licences. Firstpost takes a look at what are the issues at stake.

As RBI opens floodgates, get ready for a Railway Bank, or an Airtel Bank

The RBI has opened not just a window, but several doors for new banks. They will be differentiated, and potentially help bring down banking costs as they threaten the existing bank oligopolies.

Bandhan: A microfinance group that beat corporates to a bank license

Bandhan Financial Services, the first microfinance institution in the country to win a bank licence.