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Total 512 results found. Search for [ banking licence ]

Results 1 to 21 of 512
BusinessToday.In
January 11, 2021
The banking regulator noted that continuance of the bank is prejudicial to the interests of its depositors, and it would be unable to pay its present depositors in full in its present financial position


BusinessToday.In
January 8, 2021
Three NBFCs whose registrations were cancelled are UP-based Abhinav Hire Purchase, Gurugram-based Jupiter Management Services and Assam-based NE Leasing and Finance


BusinessToday.In
December 24, 2020
The RBI said that the public interest would be adversely affected Subhadra Local Area Bank is allowed to continue to do the business in the manner in which it is functioning


Anand Adhikari
December 10, 2020
\"We need larger institutions for sure,\" said Kamath. \"As a first step, the aspiration is to get to $5 trillion, but if you look at $10 trillion in the next 10 years, there is a step change that is required\"


BusinessToday.In
December 9, 2020
The net non-performing asset (NPA) ratio of the NBFCs should be less than 6 per cent in each of the last three years, including the accounting year for which it proposes to declare dividend


Anand Adhikari
New Delhi, December 9, 2020
Allowing big industrial houses in the banking sector has its own set of challenges


BusinessToday.In
December 8, 2020
Following the cancellation of its licence, The Karad Janata Sahakari Bank has been prohibited from conducting the business of 'banking' which includes acceptance of deposits and repayment of deposits with immediate effect


BusinessToday.In
December 2, 2020
The IBA co-ordination committee had been holding regular feedback meetings with the Kamath committee members in light of the pandemic proceedings, and had unanimously expressed their desire to extend timelines.


Prasanna Mohanty
December 2, 2020
RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players


Srinath Sridharan
November 23, 2020
For corporate houses, their ability to work under a stringent regulatory watch and to have detailed disclosures and proactive communication will be a test of the toughest order


Manali
November 23, 2020
Former Reserve Bank of India's (RBI) governor Raghuram Rajan and deputy governor Viral Acharya in an article he posted on LinkedIn, stated that it is important to stick to the tried and tested limits on corporate involvement in banking


BusinessToday.In
November 21, 2020
In order to allow them to run full-fledged operations, the apex bank may make norms tighter as proposed by deputy governor M Rajeshwar Rao recently.


Anand Adhikari
November 20, 2020
Large industrial houses like Aditya Birla group, Bajaj group, Mahindra and Mahindra, and Tata Sons already have large NBFCs with more than a decade of operations. In fact, these NBFCs are bigger than many mid-sized banks in the country


PTI
October 24, 2020
Monetary Board of the Central Bank of Sri Lanka, having considered the request made by ICICI Bank, has granted approval to close down business operation of the bank in Sri Lanka and cancel its licence


BusinessToday.In
October 13, 2020
India Stock Market Highlights Today: UltraTech Cement, followed by Bharti Airtel, Asian Paints, Titan, ITC, Kotak Bank and L&T wer among the top gainers on Sensex. On the other hand, ICICI Bank, IndusInd Bank, SBI, Axis Bank and Bajaj Finserv were among the laggards


BusinessToday.In
September 30, 2020
RBI's new guidelines for credit and debit card companies will come into effect on October 1; Centre has said maintenance of vehicular documents, including driving licences and e-challans, will also be done online from tomorrow


BusinessToday.In
September 4, 2020
In July last year, Aditya Birla Idea Payments Bank had announced it would wind up banking business over \"unanticipated developments\" that made its economic model \"unviable\"


BusinessToday.In
August 31, 2020
Sachin Bansal's financial services startup Navi Technologies is likely to acquire Future Generali Life Insurance for Rs 1,400-1,500 crore


BusinessToday.In
August 26, 2020
Billionaire Jack Ma's Ant Group has filed for an initial public offering (IPO) in Hong Kong and Shanghai


Prasanna Mohanty
July 29, 2020
Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations


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