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Applicants Line Up For RBI's On-Tap Banking Licences


Applicants Line Up For RBI’s On-Tap Banking Licences
Apr 15 2021, 7:39 PM
April 15 2021, 7:39 PM
April 15 2021, 7:39 PM
The Reserve Bank of India said on April 15 it has received four applications each for on-tap universal private bank licences and small finance bank licences. This is part of the RBI’s guidelines for such licences released in August 2016 and December 2019 respectively.The four entities which have submitted on-tap universal bank licences include:UAE Exchange and Financial Services.REPCO Bank.Chaitanya India Fin Credit.Pankaj Vaish and .
The Reserve Bank of India said on April 15 it has received four applications each for on-tap universal private bank licences and small finance bank licences. This is part of the RBI’s guidelines for such licences released in August 2016 and December 2019 respectively. ....

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Four applicants each apply for 'on tap' licenses to start universal banks, small finance banks


Four applicants each apply for ‘on tap’ licenses to start universal banks, small finance banks
April 15, 2021
UAE Exchange and REPCO Bank among applicants for universal bank licence
The Reserve Bank of India (RBI) on Thursday said four applicants each have applied for “on tap” licenses to start Universal Banks and Small Finance Banks in the private sector.
The applicants under guidelines for ‘on tap’ licensing of Universal Banks are UAE Exchange and Financial Services Ltd, The Repatriates Cooperative Finance and Development Bank Ltd (REPCO Bank), Chaitanya India Fin Credit Private Ltd and Pankaj Vaish and others, RBI said in a statement. ....

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RBI receives 8 applications for setting up banks under 'on tap' licensing


RBI receives 8 applications for setting up banks under on tap licensing
UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are the applicants under the guidelines for on tap licensing of universal banks.
RBI to hold interest rates through FY22: Report
The Reserve Bank on Thursday said it has received four applications each under the guidelines for on tap licensing of universal banks and small finance banks.
UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are the applicants under the guidelines for on tap licensing of universal banks. ....

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On-tap licences: RBI gets four applicants each to start universal banks, SFBs


On-tap licences: RBI gets four applicants each to start universal banks, SFBs
April 15, 2021
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The Reserve Bank of India (RBI), on Thursday, said four applicants each have applied for on-tap licences to start Universal Banks and Small Finance Banks in the private sector so far.
The applicants under the guidelines for ‘on-tap’ licensing of Universal Banks are UAE Exchange and Financial Services Ltd, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Ltd and Pankaj Vaish and others, the RBI said in a statement.
The applicants under guidelines for ‘on-tap’ licensing of Small Finance Banks (SFBs) are VSoft Technologies Private Ltd, Calicut City Service Co-operative Bank Ltd, Akhil Kumar Gupta, and Dvara Kshetriya Gramin Financial Services Private Ltd, it added. ....

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