Page 1363 - Finance News
 "Losing on licence")
With only 26 banking aspirants, RBI's job is half done
P Chidambaram said there will be no ceiling on number of entities which can be permitted to operate a bank
 "With only 26 banking aspirants, RBI's job is half done")
Players flaunt their cards to get into lending game
Good track record, established brand name, wide network coverage and financial inclusion become catchwords in rush for banking licence
 "Players flaunt their cards to get into lending game")
No ceiling on number of new bank licences: Chidambaram
Yesterday, RBI had said 26 entities had applied for grant of bank licences
 "No ceiling on number of new bank licences: Chidambaram")
26 in queue for bank licence
Surprise pack includes Smart Global Ventures, INMACS Management, Suryamani Financing and UAE Exchange
 "26 in queue for bank licence")
'Give us your real dollars for our fake dollars'
The foreign reserves have fallen at the fastest pace in more than a decade to a six-year low of $37.2 billion
 "'Give us your real dollars for our fake dollars'")
Faulty loans: Citigroup will pay Fannie Mae $968 mn
The agreement includes 3.7 million mortgages originated from 2000 to 2012 and sold to Fannie Mae
 "Faulty loans: Citigroup will pay Fannie Mae $968 mn")
EU seeks settlement by year end on Libor-Euribor rigging probes
Probes into potential rigging have expanded beyond interbank lending rates
Keep uniform charges for same services: RBI to banks
Says banks should not discriminate between their customers at home branch and non-home branches under the CBS platform
 "Keep uniform charges for same services: RBI to banks")
Icra upgrades rating for three micro-fin firms
Reflects resilience in earning; control on asset quality
 "Icra upgrades rating for three micro-fin firms")
Stability of rupee seen key to further repo rate cut
Most economists expect status quo on key policy rate in the first quarter review of monetary policy on July 30
 "Stability of rupee seen key to further repo rate cut")
 "Banking licence aspirants: How the big names stack up")
SBT introduces 'Doorstep Banking' facility
The van will be deployed to pick up cash from the doorsteps of business and government establishments
MFI Bandhan applies for banking licence
Once the MFI converts into a bank, it will be able to slash interest rates by 10%
 "MFI Bandhan applies for banking licence")
Muthoot Finance applies for bank licence
The company intends to leverage its strong presence in rural India where it's been offering gold loan services
 "Muthoot Finance applies for bank licence")
Shriram Capital applies for bank licence
The financial services keen to continue inclusive growth story on a banking platform
 "Shriram Capital applies for bank licence")
Jet Airways, HDFC Bank launch 'JetPriviledge-HDFC World Debit Card
Will allow users earn JPMiles on all daily purchases in stores or online
 "HC to hear Kapur's petition on YES Bank board seat today")