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Janalakshmi Financial Services

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Tata Sons withdraws application for bank licence

Tata Sons has withdrawn its application for setting up a bank, saying its current financial services model best supports the needs of the group's domestic and overseas businesses. The......

'New bank licences has put RBI, system in credible light'

No one knew how serious the government actually was when it announced the decision to issue fresh licences to promote financial inclusion - but two microfinance organisations, Bandhan and......

What helped Bandhan get the banking licence?

Bankers and industry analysts are almost certain that Bandhan’s presence at rural centres of eastern and northeastern states influenced RBI’s decision of giving it a banking licence,......

3-member panel to scrutinise new bank licences

The Reserve Bank on Friday set up a three-member committee under former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by January. "We have......

Par panel against corporates getting bank licences

A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for......
  Web results for Janalakshmi Financial Services
FINANCE MINISTER ARUN JAITLEY GAINS OPPOSITION SUPPORT FOR INSURANCE, GST BILLS

NEW DELHI: The government's floor managers, led by finance minister Arun Jaitley, have reached out to Opposition parties for securing their support... ...

http://www.ipanewspack.com/financial-sector-2/finance-minister-arun-jaitley-gains-opposition-support-for-insurance-gst-bills/
Satin Creditcare raises $10 million in foreign debt

MUMBAI: Delhi-based Satin Creditcare has raised $10 million, or about Rs 618 crore, in foreign debt, joining a rising group of microfinance firms... ...

http://economictimes.indiatimes.com/industry/banking/finance/satin-creditcare-raises-10-million-in-foreign-debt/articleshow/45973647.cms
PE investment in MFIs at 5-year high

million from GIC and $93 million from IFC), which is set to become a bank soon. In FY14, the segment had raised about $70 million through such... ...

http://www.business-standard.com/article/companies/pe-investment-in-mfis-at-5-year-high-115012200017_1.html
MFIs crucial enforcers of inclusion

Of the two vital ideas that were formulated by our founding fathers, unity in diversity and equality of status and opportunity, we can justifiably... ...

http://www.financialexpress.com/article/fe-columnist/mfis-crucial-enforcers-of-inclusion/32165/
Ujjivan Financial gets Rs 600 crore in biggest microfinance deal

BENGALURU/CHENNAI: UK's Commonwealth Development Corporation (CDC), private equity investors CX Partners, Newquest and a unit of Bajaj Group are... ...

http://economictimes.indiatimes.com/industry/banking/finance/ujjivan-financial-gets-rs-600-crore-in-biggest-microfinance-deal/articleshow/45849719.cms

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