bank licence | Zee News

Advertisement

Newsbank licence

Bank licence News

31 May 2021

RBI cancels licence of Pune-based Shivajirao Bhosale Sahakari Bank

On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from the DICGC. The Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator. The release further said consequent to the cancellation of its licence, Shivajirao Bhosale Sahakari Bank is prohibited from conducting the business of banking, including acceptance of deposits and repayment of deposits, with immediate effect.

19 Aug 2015

Vodafone says will offer comprehensive financial services

Vodafone India Wednesday said the payments bank licence will enable it offer a comprehensive portfolio of banking and financial products and services, accelerating India's journey into a cashless economy.

11 Feb 2015

Payment bank: Mahindra Finance in talks with IFC for JV

Tech Mahindra on Wednesday said its sister company Mahindra Finance will become equal shareholder if the Reserve Bank clears its payment bank licence, and the company is also in talks with the World Bank Group member IFC for a partnership in the foray.

02 Feb 2015

Future Group seeks payments bank licence; IDFC to partner

Kishore Biyani-promoted Future Group Monday applied for a payments banking licence and will partner in this venture with IDFC, which has already been allowed by RBI to set up a full-fledged bank.

Reliance Industries

02 Feb 2015

RIL teams up with SBI for payments bank

Looking to foray into banking business, Reliance Industries has teamed up with state-run behemoth SBI to apply for a payments bank licence.

Kotak Mahindra Bank

01 Feb 2015

Payment bank can be asset origination opportunity: Kotak

Kotak Mahindra Bank, which is in a tie-up with Bharti Airtel for niche bank licence, looks at payment bank as an asset origination opportunity.

29 Jan 2015

Bharti Airtel, SKS Microfinance eye niche bank licences

Private sector lender Kotak Mahindra Bank will have a 19.9 percent stake in the proposed banking venture of Bharti Airtel.

15 Oct 2014

RBI to invite applications for bank licences: Sandhu

The Reserve Bank will soon invite applications for issuance of licences in three categories -- small banks, payment banks and universal banks -- to achieve financial inclusion target, Financial Services Secretary G S Sandhu said Wednesday.

23 Jun 2014

RBI fixes timelines for regulatory approvals

Moving to a time-defined process, the RBI Monday fixed schedules for various regulatory approvals, including grant of private bank licence, and also released a citizens' charter for its various services like clearing of transactions.

Loading...

NEWS ON ONE CLICK