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RBI to issue guidelines for bank licences this year

Last Updated: Friday, July 04, 2014, 11:38

The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licenses later this year, deputy governor R. Gandhi told reporters on the sidelines of an event on Friday.

Nayak report calls for single bank licensing regime

Last Updated: Tuesday, May 13, 2014, 21:54

There is a need for bank licencing regime to move to a uniform mode for all broad-based banks, irrespective of their ownership, an RBI panel report said Tuesday.

Losing licence bid no bar for stake buy in a bank: RBI

Last Updated: Thursday, May 08, 2014, 21:55

An entity's failed attempt at getting a bank licence will not have any bearing on its move to pick up a large share-holding in an existing bank, newly-appointed RBI Deputy Governor R Gandhi said Thursday.

Analysts welcome bank licences for Bandhan, IDFC

Last Updated: Wednesday, April 02, 2014, 21:56

PwC's leader for banking and capital markets Shinjini Kumar said: "It is a very small number compared to the universe of applicants or the size of the economy."

Shares of banking licence applicants surge up to 12.5%

Last Updated: Wednesday, April 02, 2014, 19:20

Shares of banking licence applicants today surged as much as 12.5 per cent after the Election Commission allowed the Reserve Bank to issue licences for setting up new banks.

SLR cut hinges on fiscal correction push under new govt: RBI

Last Updated: Tuesday, April 01, 2014, 21:40

Under the SLR requirement, the banks have to park 23 percent of their deposits in Government securities. This is a long way from 40 percent SLR requirement in mid-90s. Despite the reduction, lenders still keep nearly 27 percent of their deposits in SLR, which is a measure of their solvency.

New bank licences in a few weeks: RBI Governor Rajan

Last Updated: Friday, March 07, 2014, 15:54

The Reserve Bank will issue new bank licences in a few weeks, after seeking approval of the Election Commission, Governor Raghuram Rajan said on Friday.

Bank licences: Jalan panel submits recommendations to RBI

Last Updated: Tuesday, February 25, 2014, 17:45

The Bimal Jalan panel, which scrutinised applications for new bank licences, Tuesday submitted its report along with shortlisted entities to the Reserve Bank of India.

Jalan panel on bank licences to hold last meeting on Feb 25

Last Updated: Sunday, February 23, 2014, 11:07

The Bimal Jalan panel which is scrutinising applications for new bank licences will hold its last meeting on Tuesday.

Jalan committee on new bank licences to meet on Feb 10

Last Updated: Sunday, January 19, 2014, 13:41

The Bimal Jalan panel which is scrutinising applications for new bank licences will hold a meeting on February 10.

RBI panel says abolish SLR norm gradually

Last Updated: Tuesday, January 07, 2014, 21:50

Statutory liquidity ratio refers amount that commercial banks require to maintain in the form of gold or government approved securities before providing credit to the customers.

New banks will need fresh models to succeed: India Ratings

Last Updated: Sunday, December 29, 2013, 13:35

"If money was to be made in rural banking within the existing framework, people would have rushed there," India Ratings CEO Atul Joshi said, adding that the banking business is set to go through interesting times with the entry of new players in coming months.