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RBI ushers in on-tap bank licence

Conglomerates can hold only 10% stake; focus on NBFCs not controlled by large groups In what could be Raghuram Rajan’s last banking reform before he bows out in the first week of September,......

Why big firms are left out of on-tap bank licence

  RBI’s draft guidelines want 60% of a group’s income from financial servicesThe Reserve Bank of India on Thursday proposed granting on-tap universal banking licences to......

How 23 new banks will make an impact in India

RBI is planning to come up with 'on tap' licences which means there will not be any cut-off date for applying for the licences. The niche banks - small finance and payments banks -have been set up......

NRIs can set up small, payment banks

But for this, the NRIs will have to come back to India permanently The Reserve Bank of India has extended the deadline for submitting applications for small finance banks and payment banks to......

For new banks, it's a race against time

Aspiring candidates for banking licences hardly had any time to prepare the blueprint for their business, given the Reserve Bank of India had released the final guidelines on new bank licences on......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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