Page 123 - Finance News Analysis
Small finance bank licences next month: Rajan
RBI had received 72 applications for small finance bank licences and 41 applications for payment bank licences
 "Small finance bank licences next month: Rajan")
Open to partnerships for payments bank, says India Post
RBI last evening gave in-principal approval to 11 entities, including Reliance Industries, Vodafone and Department of Posts for payment banks
 "Open to partnerships for payments bank, says India Post")
Payments banks pose risk to public lenders mkt share: Fitch
RBI on Wednesday gave 'in-principle' nod to 11 entities, including Department of Post, Reliance Industries, Aditya Birla Nuvo, Vodafone and Airtel, to set up payments banks
 "Payments banks pose risk to public lenders mkt share: Fitch")
Payments bank: What does it mean for you?
Cost of transferring money could fall because of lower overheads but the bigger advantage is bringing banking to almost one's door
 "Payments bank: What does it mean for you?")
 "Financial inclusion plan gets a push")
RIL, telcos among 11 firms to launch payments banks
RBI says unsuccessful applicants can get licences in future under 'on-tap' system
 "RIL, telcos among 11 firms to launch payments banks")
 "Sentiment-led rally in listed stocks likely")
 "Payments banks to expand rural banking: Jaitley")
Prepaid payment issuers, retailers miss the bus
RBI will move to 'on-tap' licences
 "Prepaid payment issuers, retailers miss the bus")
This will catapult us into a very different league: Vijay Shekhar Sharma
Interview with Founder & CEO, Paytm
 "This will catapult us into a very different league: Vijay Shekhar Sharma")
Dos and Don'ts of payments banks
Payments banks will be able to take deposits and remittances but will not be allowed to lend
 "Dos and Don'ts of payments banks")
Vodafone says will offer comprehensive financial services
The company said with over 90,000 'M-Pesa' agents, it is already providing people in remote areas a convenient way to transfer money and make payments
 "Vodafone says will offer comprehensive financial services")
Payments banks important step to expand rural banking: Jaitley
Reserve Bank granted 'in-principle' approval to 11 entities to set up payments banks
 "Payments banks important step to expand rural banking: Jaitley")
Firms to start payments bank operation before 18-mth deadline
Paytm founder Vijay Shekhar Sharma said he would like to start the banking operation ahead of the fixed timeline by the RBI
Rupee ends 4 paise higher at 65.27
The local currency benefited from a smart rebound in local equities as well as subdued greenback overseas
 "Rupee ends 4 paise higher at 65.27")
Rupee sinks to two-year low at 65.40 against dollar
Sustained demand for the US currency from importers affected the rupee
RBI will take note of falling inflation: Jaitley
Inflation, both retail and wholesale, are at record lows
 "RBI will take note of falling inflation: Jaitley")
Rupee falls to new 33 month low in off-shore markets
Analysts predict that the ripple effect of Tuesday's off-shore rupee movement to impact its standings in the domestic markets on Wednesday
Recalling the Turner Review
Its main message was that Britain and the world had been following the wrong policy model and the time had come to look for a better way of doing things
 "Recalling the Turner Review")
The new finance code: Debate and the aftermath
The first major aspect is that of the veto power to the governor
 "The new finance code: Debate and the aftermath")