The report contains names of entities eligible for bank licences. It was not immediately known how many applicants have been shortlisted by the high-level advisory panel.
Liquidity has improved, but 20 out of 24 NBFC stocks are staring at an over 5% reduction in 12-month target prices.
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.
For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal Bandyopadhyay.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
No reason was cited for rescheduling of the meeting.
Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.
White labeled ATMs are set up by private non-bank companies that own and operate their own brand of ATMs.
The facility has been branded 'Indicash'. Last month, TCPS secured a licence from the Reserve Bank of India to launch white-label ATM operations, under the central bank's scheme 'B'.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The QIP route was a big hit.
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The RBI has agreed to consider the application of India Post in consultation with the government.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The scrutiny is expected to be over this month itself.
Can the poll outcome be a trigger for a meaningful correction?
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Additional levy to eat into Rs 6,000-crore income of top promoters
DFS writes to departments that haven't responded to RBI's request for information.
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The RBI has accepted the application withdrawal request, according to the statement.
Licence winners are expected to be announced by the first quarter of 2014.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
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