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Banking licence aspirants scramble to meet RBI norms

With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply. Billionaire brothers Malvinder......

Bank licence clarification: Who gains, who loses

The Reserve Bank of India (RBI) clarification on the final norms for new bank licences has much to mull on for the many entities interested. It has clearly ruled out any benefit to the new entrants......

RBI issues clarification on new banks licence

The Reserve Bank said on Monday in-principle approval for setting up of new banks will now be valid for 18 months, up from earlier proposed one year. Issuing clarification to queries on new bank......

RBI to give new licensees more time to set up banks

Application deadline may be extended but no leeway on priority-sector targets. The Reserve Bank of India (RBI) seems likely to allow new banking licensees more time to set up banks. The......

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Tourism Fin Corp to seek licence from RBI to set up bank

Also Read: RBI to come out with paper on banking structure: D Subbarao The Industrial Finance Corporation of India Ltd (IFCI) is the majority... ...

http://www.moneycontrol.com/news/business/tourism-fin-corp-to-seek-licencerbi-to-setbank_901920.html

Religare, IDFC get ready to apply for bank licence

A number of non-banking finance companies (NBFCs) aspiring to become banks are gearing up to meet the eligibility norms. On Tuesday the promoters... ...

http://www.mydigitalfc.com/news/religare-idfc-get-ready-apply-bank-licence-293

Indian share markets remain in red

Posted by Equitymaster Indian share markets have remained in red during the previous two hours of trade with metals and consumer durables trading... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/YzgkLKBbx4o/tm.asp

Religare to sell 23% stake to meet banking license norms

Applicant's promoter group can set up a bank through a NOFHC with a minimum 51% public shareholding ...

http://www.indiainfoline.com/Markets/News/Religare-to-sell-23-percent-stake-to-meet-banking-license-norms/5710931072

Religare Enterprise Plans To Divest Stake

Industry : Banking/Financial Services Category : I.P.O. / Offerings Financial services company Religare Enterprises Ltd plans to sell a large... ...

http://www.dealcurry.com/20130619-Religare-Enterprise-Plans-To-Divest-Stake.htm

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Nofhc

News for Nofhc

Banking licence aspirants scramble to meet RBI norms

Bank licence clarification: Who gains, who loses

RBI issues clarification on new banks licence

RBI to give new licensees more time to set up banks

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