RBI releases list for ‘on tap’ Licensing of Universal Banks and Small Finance Banks in Private Sector
New Delhi: The Reserve Bank of India today released the names of applicants under the Guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks. As on date, applications for Universal Banks and Small Finance Banks, under the aforementioned guidelines, have been received by the Reserve Bank from the following applicants:
Applicants under Guidelines for ‘on tap’ Licensing of Universal Banks
- UAE Exchange and Financial Services Limited
- The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank)
- Chaitanya India Fin Credit Private Limited
- Shri Pankaj Vaish and others
Applicants under Guidelines for ‘on tap’ Licensing of Small Finance Banks
- VSoft Technologies Private Limited
- Calicut City Service Co-operative Bank Limited
- Shri Akhil Kumar Gupta
- Dvara Kshetriya Gramin Financial Services Private Limited
RBI mentioned 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. The constitution and composition of the Standing External Advisory Committee for evaluating the applications received under the aforementioned guidelines were announced on March 22, 2021.
Read Also : NMDC unveils Ex-Employee portal 'Samman'News Must Read
- Shri. Bikram Ghosh takes charge as Director (Finance) in WCL
- SBI to change debit cards maintenance normal from 1 April, 2024
- NMDC excels at Governance Now 10th PSU Awards
- NTPC Group ties up JPY 30 billion funding from JBIC
- Jabalpur Airport connects Madhya Pradesh to other cities
- Best Organisations for Women title to PowerGrid
- Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
- NCL's mega achievement; surpasses 500 Million Cubic Meters of Overburden
- RailTel bags major order from CDAC worth Rs 36 crore
- ICRA withdraws long term rating of NCDs of ONGC