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bank licence News

Bharti Airtel to apply for payments bank licence

Kotak Mahindra Bank will acquire 19.9 per cent in Airtel m-Commerce Services.

Business houses didn't meet fit & proper criteria for bank licences: RBI Dy Guv

Out of 25 applications that included top industrial groups, only IDFC, Bandhan were selected by RBI.


Election Commission allows RBI to issue new bank licences

RBI governor Raghuram Rajan referred the issue to the EC despite stiff opposition from the finance ministry.

EC to decide on clearing bank licences today

The Parliamentary Standing Committee on Finance had earlier opposed the plan to give licences to corporate houses.

Jalan panel on new bank licences submits report

The high- level panel led by former Reserve Bank of India governor Bimal Jalan on Tuesday submitted its report, along with shortlisted candidates.

RBI seeks intelligence on bank licence applicants

Several industrial groups including Aditya Birla Group,Reliance have made a pitch for bank licences.


Azim Premji may hike stake in JM Financial

Sources said that the shares can be allotted at a significant premium to the current share price.

Videocon opted out of bank race,says Reserve Bank; firm denies

RBI also announced it had located one more application for bank licence.

Stocks of bank licence aspirants attract buying,Bajaj Finance,Reliance Capital shares surge

Rajan said an external committee headed by Bimal Jalan would be constituted to screen the applications.

Few bank licence applicants likely to succeed: Fitch

Global rating agency Fitch today said 26 applicants for new bank licences in India face tough requirements.