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Banks may not require RBI nod for floating arms

For commercial banks to float subsidiaries, approval from the Reserve Bank of India (RBI) may not remain mandatory, according to highly placed sources. Photograph: Ajay Verma/Reuters However, if......

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......

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay? Kindly note the image has only been......

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......

Should we be afraid of corporates entering banking?

If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not reaction, observes Tamal Bandyopadhyay. Photograph: PTI Photo......

Nofhc

News for Nofhc

Banks may not require RBI nod for floating arms

For new banks, it's a race against time

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

RBI to give new licensees more time to set up banks

Should we be afraid of corporates entering banking?

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