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RBI rejects 2 more applications for SFB licence

These applicants are Dvara Kshetriya Gramin Financial Services Pvt Ltd and Tally Solutions Pvt Ltd, a release from the RBI said ....

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Latest News | Annapurna Finance Applies for Licence to Set Up Universal Bank

Get latest articles and stories on Latest News at LatestLY. The Reserve Bank on Wednesday said it has received an application from Bhubaneswar-based Annapurna Finance for setting up a universal bank.
Latest News | Annapurna Finance Applies for Licence to Set Up Universal Bank. ....

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Repco seeks Universal Bank Licence

Repco seeks Universal Bank Licence
Calicut City Co-op Bank seeks SFB licence
The Reserve Bank of India has released the names of applicants under the Guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks. There are two urban co-op banks in each category.
The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank) is one of the four applicants which has applied for Licensing of Universal Banks.
Calicut City Service Co-operative Bank is another UCB which has applied for licence under Small Finance Banks, says RBI release.
It may be recalled that the Guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks in the Private Sector, were issued on August 1, 2016 and December 5, 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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