The Department of Financial Services, in the finance ministry, has criticised the corporate affairs ministry for not responding to the Reserve Bank of India’s request for ‘due-diligence......
The Reserve Bank of India said on Monday it had received 26 applications for new bank licences, with Tata Sons Ltd, the holding company for India's largest conglomerate, among those seeking to set......
Reserve Bank governor Raghuram Rajan on Friday defended handing out just two licences out of the 25 banking applicants saying the selection panel felt that some of them were better placed to serve......
A committee headed by former Reserve Bank of India governor Bimal Jalan will carry out the first-level screening of applications to set up new private banks, at its second meeting scheduled to be......
As RBI gears up to issue new bank licences, capital markets regulator Sebi has also a job at hand that is of scrutinising all applicants coming under its jurisdiction directly or through group......