bank-licence - Latest News on bank-licence | Read Breaking News on Zee News

Muthoot promoters may sell stake once RBI clears bank licence

Last Updated: Wednesday, February 19, 2014, 00:36

Currently, promoters of Muthoot Finance hold 80.12 per cent stake in the company.

Sting operations, bad loans hit all from SBI to Yes Bank

Last Updated: Sunday, December 22, 2013, 14:07

From the largest lender SBI to the youngest Yes Bank, the nation's banks were fined for violating regulatory norms after sting operations exposed chinks in their armour.

IDFC not eligible for bank licence as fgn holding exceeds 50%

Last Updated: Thursday, December 19, 2013, 20:25

IDFC said in a BSE filing that the institution would endeavour to bring down the foreign shareholding to below 50 percent in case it gets bank licence from the RBI.

Azim Premji may hike stake in JM Financial

Last Updated: Sunday, December 01, 2013, 16:13

As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional five percent stake in the company that has also roped in former Citibank chief Vikram Pandit as a key investor for its banking pursuit.

Tata Sons withdraws application for bank licence

Last Updated: Wednesday, November 27, 2013, 17:08

Tata Sons has withdrawn its application for setting up a bank, saying its current financial services model best supports the needs of the group's domestic and overseas businesses.

Par panel against corporates getting bank licences

Last Updated: Friday, September 27, 2013, 21:19

The members felt that since there is no such practice to give bank licences to corporate houses anywhere in the world, India should not be an exception.

Will look into possible conflict of interest in Birla's bank licence plea: RBI

Last Updated: Thursday, July 04, 2013, 17:46

RBI Thursday said it will look at whether there is any conflict of interest arising out of a bank licence application filed by Aditya Birla Nuvo, whose group Chairman Kumar Mangalam Birla happens to be on the board of the central bank.

Tata, Ambani, Birla among 26 in race for bank licence

Last Updated: Monday, July 01, 2013, 20:57

Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital and Bajaj Finserv are among the 26 private and public sector entities which have applied to RBI for grant of bank licences.

Muthoot Finance seeks licence to start a bank

Last Updated: Monday, July 01, 2013, 19:02

Gold loan company Muthoot Finance Monday said it has submitted an application to RBI for a licence to start a bank.

Aditya Birla Nuvo to seek licence from RBI for setting up bank

Last Updated: Tuesday, June 25, 2013, 23:12

Shares of the company closed at Rs 1,033.25 per unit, down by 1.01 percent on the BSE.

Mahindra Finance says not applying for bank licence

Last Updated: Monday, June 24, 2013, 18:07

The Mahindras on Monday said they will not be applying for a bank licence, becoming the first conglomerate which was said to be 'a potential licensee' to opt out, citing "disadvantageous" and unclear norms.

SREI, Edelweiss to seek licence from RBI for setting up bank

Last Updated: Monday, June 24, 2013, 18:05

Joining the list of banking aspirants, financial services firms SREI Infrastructure Finance and Edelweiss Financial Monday said they will apply to RBI for seeking bank licences.