The important points 1) Companies, once they get the licence, can set up banks in 18 months. This was earlier 12 months. 2) The deadline for... ...
http://www.firstpost.com/business/key-takeaways-from-rbi-clarification-on-new-banking-licences-839127.htmlIn December 2011, the RBI said MFIs need to maintain an aggregate margin cap of not more than 12%, irrespective of their size. The Reserve Bank of... ...
http://www.vccircle.com/news/banking/2013/06/03/rbi-temporarily-relaxes-margin-cap-large-mfisThe JM Financial stock has rallied 43 percent in the last week with investors in favour of a global Indian banker joining a small Indian banker.... ...
http://www.firstpost.com/business/banking-licence-vikram-pandits-india-play-will-not-be-easy-797241.htmlGiven the constraints and complex licensing norms, firms are wondering if they should enter the banking business Tamal Bandyopadhyay RBI norms do... ...
http://www.livemint.com/Opinion/bAMjyY32Rd8Murrz5BNszK/Why-there-may-not-be-too-many-takers-for-new-banks.htmlJanalakshmi is an enterprise that works for the masses as well as creates wealth for its investors. This NBFC services the need of the urban poor... ...
http://yourstory.in/2013/05/emerging-game-changers-of-india-janalakshmi/