Reserve Bank allows FIs to up stake in Axis Bank, IDFC Bank
The banking sector regulator Reserve Bank of India (RBI) has given its nod to foreign investors to raise their stakes…
19 JUL 2016
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Not upset over withdrawal of Payments Bank licences, says Rajan
Days after three entities decided to back out of the Payments Bank licencing, RBI Governor Raghuram Rajan on Tuesday said…
07 JUN 2016
Tech Mahindra third of 11 entities to drop payments bank idea
With three of the 11 firms, which were granted licences by the Reserve Bank of India to launch payments bank,…
25 MAY 2016
IDFC Bank partners with Andhra Pradesh Govt for DBT via Aadhaar-enabled Micro ATMs
IDFC Bank has tied up the Government of Andhra Pradesh, Krishna District to enable Direct Benefit Transfer through interoperable AEPS…
05 MAY 2016
Central bank scraps registration of 26 NBFCs
The Reserve Bank of India (RBI) has canceled registration of around 26 non-banking financial companies (NBFCs), including Bajaj Auto Holdings…
23 FEB 2016
IDFC Bank sees sizable expansion over next five years
New private sector IDFC Bank is looking to fill up the space, which has been a constraint for the public sector…
09 NOV 2015
PM inaugurates IDFC Bank, talks of banking sector reforms
Prime Minister Narendra Modi formally launched IDFC Bank in New Delhi on Monday. IDFC Bank, which received a universal banking…
20 OCT 2015
