You Searched For "banking licence" and got 20 results
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2 mins read
RBI cancels licence of Laxmi Co-operative Bank, Solapur
The Reserve Bank of India (RBI) on Thursday cancelled the licence of The Laxmi Co-operative Bank Lt…
1 min read
RBI restrains Mahindra Finance from using recovery agents after accident
In other words, the company was directed not to use services of any outside agency for loan reco…
4 mins read
Electoral bonds: What are they? What does the newly-released data reveal? Would it make an impact?
The ruling party receiving such a disproportionate share of the electoral bonds has raised many eye…
1 min read
RBI cancels licence of Pune-based The Seva Vikas Co-op Bank
"The bank does not have adequate capital and earning prospects," the RBI said. It also stated that …
PTI
2 mins read
Three-year-old BharatPe and Centrum gets RBI nod to set up a small finance bank
In June, the Reserve Bank had given the in-principle approval for the SFB licence to the consor…
2 mins read
Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
2 mins read
Have unclaimed bank deposits? Here’s how to find it using UDGAM portal
The Reserve Bank of India (RBI) has launched a centralised portal, UDGAM (Unclaimed Deposits – Gate…
3 mins read
Despite a rise in financial frauds, 17% of people store financial information on their smartphones
The Reserve Bank of India (RBI) has revealed that 5,406 instances of financial fraud were reported …
2 mins read
Tiger Global pumps enough money to make BharatPe a unicorn about a month after it got a banking licence with Centrum as its partner
BharatPe is the latest entrant to the unicorn club, after it raised $370 million in a Series E roun…
2 mins read
As inflation cools off, RBI Guv says 'monetary policy on right track'
With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in…
1 min read
RBI cancels licence of Mumbai-based The CKP Co-operative Bank
The RBI further said the affairs of the bank "were and are" being conducted in a manner detrimenta…
PTI
2 mins read
India’s richest billionaires are fast catching up while Elon Musk struggles for satellite broadband licence
Reliance Jio, owned by Ambani, has formed a joint venture (JV) with SES, a satellite-based con…
1 min read
GIC Re gets licence from Bank of Russia for reinsurance biz
"We wish to inform you that that the Corporation has obtained licence from the Central Bank of the…
PTI
1 min read
BharatPe’s banking licence, Digit’s funding, Mswipe’s new CEO and more -- mega deals and launches in India’s fintech space
As India celebrated its micro, small and medium enterprises (MSMEs) this week -- as part of the MSM…
Kritti Bhalla
2 mins read
Revolut secures European banking licence and is eyeing Asia and America next
The challenger bank is aiming for 100 million customers in the next five years and is expanding int…
Callum Burroughs
4 mins read
Opinion: The creation of a bad bank helps banks but not necessarily the bankrupt
Presumably, the separate asset management company, which will be majority owned by the private s…
3 mins read
EXPLAINED: The NUE licence for payments that Tata, Ambani and Bezos have applied for
India’s central bank had floated the bid for NUE licences in August, 2020. The NUE licence wou…
2 mins read
Paytm may face ‘tough times ahead’, stock brokers recommend to stay away from the stock
Global investment bank Macquarie has further reduced financial payments firm Paytm’s target price t…
2 mins read
Singapore to to act tough on crypto platforms in the coming months
Amid the global crypto meltdown, Singapore, which has a clear licensing and regulatory framework, i…
2 mins read
More pension for bank employees to overseas listing roadmap — these are the highlights from Finance Minister Nirmala Sitharaman's EASE 4.0 address
EASE 4.0 is the fourth edition of the Indian government’s Enhanced Access and Service Excellence…