Last Updated: Wednesday, December 11, 2013, 19:14
The RBI is currently scrutinising various aspects of applications made by 25 entities for new bank licences expected to be given by the end of March 2014.
Last Updated: Sunday, November 10, 2013, 15:03
SEBI's scrutiny follows detailed queries shot off by RBI to various regulators in India and abroad as part of its due-diligence of entities seeking to enter banking arena.
Last Updated: Tuesday, October 29, 2013, 14:50
A high-level panel chaired by former RBI Governor Bimal Jalan that will scrutinise applications for new bank licences will hold its first meeting on November 1.
Last Updated: Sunday, October 27, 2013, 12:42
Gearing up to issue new bank licences, RBI has shot off detailed queries to over two dozen applicants and various regulators in India and abroad as part of its due-diligence on those seeking to enter banking arena.
Last Updated: Wednesday, October 09, 2013, 22:37
Non-banking finance companies (NBFCs) have advantage over other applicants for banking licences as they already have good customer base, Reserve Bank Deputy Governor K C Chakrabarty said Wednesday.
Last Updated: Sunday, October 06, 2013, 15:13
Reserve Bank Deputy Governor K C Chakrabarty has said only a provisional list of new bank licencees will be announced by January and it will take at least two years for a player to become operational.
Last Updated: Friday, October 04, 2013, 18:30
The Reserve Bank today set up a three-member committee under former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by by January.
Last Updated: Thursday, September 26, 2013, 15:58
Tata Sons, India's biggest business group, and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among the 26 entities that applied for bank licences last month.
Last Updated: Tuesday, August 27, 2013, 19:52
The Reserve Bank Tuesday pitched for "stringent" entry norms for new players while suggesting four- tier structure for the domestic banking industry.
Last Updated: Tuesday, August 20, 2013, 18:09
Reserve Bank of India (RBI) is expected to give 'in-principle' approvals for new banks during the first quarter of the next year, Finance Minister P Chidambaram said.
Last Updated: Sunday, August 11, 2013, 12:10
The Reserve Bank will soon set up a high-level panel of eminent experts from the banking and financial sector to screen applications of 26 aspirants for new banking licences.
Last Updated: Monday, August 05, 2013, 20:53
Ruling out relaxation in norms for grant of new bank licences, the Reserve Bank on Monday said though it has started the scrutiny of applications, the exercise will take some time.
more videos >>