RIL teams up with SBI for payments bank

Last Updated: Monday, February 2, 2015, 15:59

Looking to foray into banking business, Reliance Industries has teamed up with state-run behemoth SBI to apply for a payments bank licence.

Aditya Birla Nuvo applies for payments bank licence

Last Updated: Monday, February 2, 2015, 14:35

Diversified firm Aditya Birla Nuvo Ltd (ABNL) on Monday applied for the payments bank licence with the Reserve Bank of India.

Future Group applies for Payments Bank licence

Last Updated: Monday, February 2, 2015, 14:34

Kishore Biyani-promoted Future Group on Monday applied for Payments Bank licence with the Reserve Bank of India.

Payment bank can be asset origination opportunity: Kotak

Last Updated: Sunday, February 1, 2015, 16:17

Kotak Mahindra Bank, which is in a tie-up with Bharti Airtel for niche bank licence, looks at payment bank as an asset origination opportunity.

Bharti Airtel, SKS Microfinance eye niche bank licences

Last Updated: Thursday, January 29, 2015, 22:09

Private sector lender Kotak Mahindra Bank will have a 19.9 percent stake in the proposed banking venture of Bharti Airtel.

Bharti Airtel to apply for payment bank; Kotak to be investor

Last Updated: Thursday, January 29, 2015, 18:28

Top mobile operator Bharti Airtel today said it will apply for a payment bank licence, while private sector lender Kotak Mahindra Bank will have a 19.9 percent stake in the proposed banking venture.

Govt mulls legislative route for setting up Postal Bank

Last Updated: Sunday, January 11, 2015, 16:38

The government is looking at taking the legislative route, by next month, to finalise the setting up of Postal Bank of India and will soon approach RBI to consider the postal department's application for banking licence.

SC refuses to grant stay on proposed auction of spectrum of Airtel, Vodafone

Last Updated: Friday, January 9, 2015, 22:51

The companies had sought that the spectrum allocated to them should not be put up for auctions.

HC stays suspension order of Maha FDA on Dr Reddy's C&F agent

Last Updated: Friday, January 9, 2015, 14:18

Dr Reddy's Laboratories on Friday said the Bombay High Court has granted an interim stay on an order issued by the Maharashtra drug controller (FDA) for a one-month suspension of wholesale licence of the company's clearing and forwarding agent in Bhiwandi near Thane.

Vistara completes trial flights schedule

Last Updated: Saturday, December 6, 2014, 23:49

Tata-Singapore Airlines joint venture carrier Vistara on Saturday said it has completed the trial flights schedule and is now waiting for its flying licence from the aviation regulator to commence operations.

Sibal says keen on getting banking licence for India Post

Last Updated: Friday, January 24, 2014, 22:19

The RBI is processing applications for banking licences from among 25 entities, including the Department of Posts and top corporates like Aditya Birla Groups and Anil Ambani Group.

Odisha approves Khandadhar PL in favour of Posco again

Last Updated: Saturday, January 11, 2014, 00:40

Though the state government earlier in 2006 had granted PL over Khandadhar iron ore reserve's 2,500 hectare in favour of Posco, it could not materialise in view of certain court cases.