-janalakshmi-financial-services

Will microfinance firms make good banks?

Rediff.com17 Jul 2013

One of the hurdles for MFIs towards becoming banks is an unsecured loan portfolio.

Dept of Post, Mahindras, Sun Pharma join banking race

Rediff.com4 Feb 2015

The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.

Note ban: MFIs seek more time for loan repayments

Rediff.com3 Apr 2017

In December 2016, RBI had granted additional 60 days for repayment of certain loans

Tata Sons withdraws application for bank licence

Rediff.com27 Nov 2013

The RBI has accepted the application withdrawal request, according to the statement.

Indian companies apply for banking licences: The complete list

Rediff.com2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

How 23 new banks will make an impact in India

Rediff.com18 Sep 2015

The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.