Banking Licence

Reforms under the 2025 banking law include governance changes, enhanced audit rules and stronger depositor protection for PSBs, cooperative and private banks

Jana Small Finance Bank will join AU Small Finance Bank and Ujjivan Small Finance in the list of the small finance banks that are seeking a universal banking licence from the RBI

Ujjivan SFB is the second lender after AU SFB to seek a voluntary transition into a universal bank

So far, the regulator has received 13 applications to set up banks under the guidelines for 'on tap' licensing of Universal Banks and Small Finance Banks

On August 8, the RBI had ordered cancellation of the banking licence of the ailing UCB from September 22. The high court will take up the matter on October 17

Depositors to get insurance claim, amount of Rs 193.68 cr already paid out

Company joins a long list of Indian shadow banks that have keeled over since the sudden collapse of infrastructure financier IL&FS Group in September 2018.

We have an advantage over fintechs that offer lending based on credit bureau scores or conventional bank statements, said Achuthan

RBI's final report, expected in 10 days, set to overrule working group's suggestions

Reserve Bank of India rewards the company and its partner, Jaspal Bindra, for agreeing to help revive Punjab & Maharashtra Co-operative Bank.

RBI said the bank does not have adequate capital and earning prospects

From CIC structures of large groups on RBI's watch list to Pfizer working on cold storage issues to ensure temperature integrity, here are top headlines this morning

The NITI Aayog had recently recommended to the government that long-term private capital should be allowed into the banking sector

In September, Bansal had invested around $104 million to acquire over 90 per cent ownership of Chaitanya

NBFCs, individuals most likely to apply