Rbi Guidelines

Daily Bulletin: Narendra Modi to address UN Climate Action Summit in New York; Donald Trump to meet Imran Khan on sidelines of UNGA session today; day's top stories

Here are the day's top stories: Narendra Modi to address UN Climate Action Summit in New York today; Chinmayanand arrested: Shahjahanpur student to appear before Allahabad HC on Monday; and more

SBI to roll out co-lending business model with 4-5 NBFCs soon; to help bank meet priority sector lending target

It has been a year since the Reserve Bank of India (RBI) laid out the framework for co-origination of loans by banks and NBFCs in the priority sector

RBI's draft norms for on-tap bank licences may upset big business houses

Banking being a highly leveraged business, licences shall be issued on a very selective basis, the RBI has said

100 new banks in 3-5 years? Don't rule it out with RBI's new payment, small bank norms

The opening up of payment banks and small finance banks to a wide swathe of entrepreneurs will heat up competition for customers and pressure the big banks. Their margins will be under threat

KYC norms violation: How 22 banks actually goofed up

Itz Cash's MD explains why payment bank licence will be a game changer for his co

"We can help our customers in other banking services, such as domestic, international money transfers, provide third-party financial services products, cash withdrawals, etc."

100 new banks in 3-5 years? Don't rule it out with RBI's new payment, small bank norms

The opening up of payment banks and small finance banks to a wide swathe of entrepreneurs will heat up competition for customers and pressure the big banks. Their margins will be under threat