You Searched For "bank licences" and got 20 results
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4 mins read
Fino Payments Bank will be the first fintech startup in India to get listed on the bourses and it is profitable
The Navi Mumbai-based fintech company Fino Payments Bank will be the first payments bank to get lis…
2 mins read
App-only bank Mondo just got a banking licence
The restricted licence will let Mondo hold customer money for the first time - the crucial thing th…
Oscar Williams-Grut
7 mins read
Yes Bank shares are cheaper than what they were a year ago — and what could revive the investment, if at all
Today, it is at ₹13.55 — nearly half of what it was a year go. This, 14 months after the RBI pla…
3 mins read
Vodafone Idea reportedly wants the government to release ₹15,000 crore bank guarantees ahead of its fundraising plan
With the telco opting for the four-year deferment of AGR dues, it now believes there's no need for …
5 mins read
Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday
Even as the deal would help micro-lender turned banker Suryoday to expand its loan book, the d…
4 mins read
Sensex, Nifty50 fall 1% as Covid-19 scare grips markets – Healthcare stocks surge while metals, banks and realty stocks tumble
Indian benchmark indices closed nearly 1% lower on Wednesday as rising Covid cases in China brought…
5 mins read
The market in India is bummed out for at least three reasons and none of them are going away in a hurry
But that’s not it. There are other factors playing on the traders mind for a few weeks now and t…
2 mins read
PMC Bank will have a new owner in Centrum and BharatPe
The PMC Bank has been facing regulatory action and investigations over the alleged irregularit…
2 mins read
IndusInd Bank shares slide as a year-old Cayman Islands order against Hinduja Bank resurfaces
The stock of IndusInd Bank took a beating after a report that the group had lost its banking li…
4 mins read
Suryoday Small Finance Bank IPO worth ₹581 crore opens today – should you subscribe?
Suryoday Small Finance Bank (SSFB) has kicked off its initial public offer (IPO) worth ₹581 crore t…
2 mins read
Suryoday Small Finance Bank shareholders lost 7% of their investment within minutes of listing
Shares of Suryoday Small Finance Bank debuted at ₹292 per share, which is over 4% lower than its is…
2 mins read
These are the documents needed to open a restaurant— the checklist is much smaller for a gun
It takes 45 documents to open a restaurant in India — thanks to the regulatory licenses needed to f…
1 min read
Want to open your own bank? Just make sure your last name isn’t Ambani, Tata or Birla
The new draft rules of RBI propose a minimum capital of Rs 500 crore for granting on-tap licence to…
3 mins read
Another digital challenger bank got a banking licence and plans to launch next year
CEO and founder Anne Boden tells BI: "The banking licence is much more structured than it was years…
Oscar Williams-Grut
2 mins read
RBI shuts down Karad Janata Sahakari Bank — deposits up to ₹5 lakh will be refunded
With the cancellation of licence and commencement of liquidation proceedings, the process of p…
PTI
1 min read
SAT asks NSE to decide by Friday in Karvy's licence suspension matter
New Delhi, Dec 4 () The Securities Appellate Tribunal (SAT) has asked the NSE to take a decision by…
PTI
2 mins read
SBI Chairman tells Raghuram Rajan that Indian Banking system is not mature enough to handle payment banks
The Indian payments market, which weighs at around Rs 15.5 lakh crore in FY15 is likely to grow 12%…
3 mins read
Macquarie warns that RBI's decision on new bank licenses could be controversial given the number of bank failures in India
At a time when bank failures are increasing in India, the decision to distribute licenses could be …
1 min read
IPO-bound Paytm transfers its payments business to new subsidiary
The company is seeking approval of the same from its shareholders through an extraordinary gener…
PTI
2 mins read
Cuba opens the door to cryptocurrencies by setting out rules and plans for their use
Financial institutions and others permitted by the law can use virtual assets to carry out monetary…