Saturday, February 23, 2013

Clips


RBI welcomes new banks, with caution

The Reserve Bank of India has spelt out norms for new bank licences after years of waiting, allowing business houses, state-run enterprises and non-banking finance companies to set up banks, in a bid to extend banking services to half of the population that is excluded from them.

http://economictimes.indiatimes.com/news/economy/policy/rbi-welcomes-new-banks-with-caution/articleshow/18637599.cms

In its new guidelines, RBI opens bank licences to all

The Reserve Bank of India has opened the window for companies to apply for bank licences. The final guidelines issued on Friday do not debar any class of companies from applying to set up a bank.

http://www.indianexpress.com/news/in-its-new-guidelines-rbi-opens-bank-licences-to-all/1078508/

Financial inclusion must for new banks

Out of every 100 that a prospective applicant for a new banking licence wants to lend, it will have to lend 40 to small farmers, students or low-cost home borrowers and entrepreneurs.

http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/financial-inclusion-must-for-new-banks/articleshow/18636746.cms

Anand Sinha set to get another year as RBI dy governor

Sinha, the architect of new bank licence norms, will be a key member of the central bank.

http://www.business-standard.com/article/finance/anand-sinha-set-to-get-another-year-as-rbi-dy-governor-113022200614_1.html

Coming soon, Post Bank of India

The postal department plans to enter the banking business with the Reserve Bank of India deciding to grant new bank licences to entities with credible track-record.

http://www.thehindu.com/business/Industry/coming-soon-post-bank-of-india/article4443509.ece

AP High Court ruling has sent MFIs back to square one

Any tourist visiting the Charminar, the historic symbol of Hyderabad, is bound to drive past an impressive red and white stone building near the monument.

http://businesstoday.intoday.in/story/microfinance-andhra-pradesh-high-court-ruling/1/192620.html

When Demographics Shift the Way We Think about Youth Finance

The Center for Financial Inclusion at Accion recently released fascinating demographic data through the Mapping the Invisible Market project, as part of their Financial Inclusion 2020 campaign.

http://cfi-blog.org/2013/02/22/when-demographics-shift-the-way-we-think-about-youth-finance/

Sustainable Capacity Building Services Market: A Long Way To Go

In the fall of 2012 CGAP undertook a survey to better understand the dynamics of the market – both demand and supply - for capacity building services for financial service providers.

http://www.cgap.org/blog/sustainable-capacity-building-services-market-long-way-go



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