The Bimal Jalan panel, which scrutinised applications for new bank licences, today submitted its report along with shortlisted entities to the Reserve Bank of India. "We have submitted report (on......
LIC Housing Finance, a subsidiary of Life Insurance Corporation (LIC), may rope in an external consultant to advise it regarding its proposed foray into banking business."We may rope in a......
A day after the Reserve Bank of India (RBI) issued the draft norms for new banking licences, a host of companies started the ground work for their banking play.While companies like Religare and......
Tata Sons has withdrawn its application for setting up a bank, saying its current financial services model best supports the needs of the group's domestic and overseas businesses. The......
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......