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Applicants Line Up For RBI's On-Tap Banking Licences


Applicants Line Up For RBI’s On-Tap Banking Licences
Apr 15 2021, 7:39 PM
April 15 2021, 7:39 PM
April 15 2021, 7:39 PM
The Reserve Bank of India said on April 15 it has received four applications each for on-tap universal private bank licences and small finance bank licences. This is part of the RBI’s guidelines for such licences released in August 2016 and December 2019 respectively.The four entities which have submitted on-tap universal bank licences include:UAE Exchange and Financial Services.REPCO Bank.Chaitanya India Fin Credit.Pankaj Vaish and .
The Reserve Bank of India said on April 15 it has received four applications each for on-tap universal private bank licences and small finance bank licences. This is part of the RBI’s guidelines for such licences released in August 2016 and December 2019 respectively. ....

Andaman And Nicobar Islands , Shyamala Gopinath , Pankaj Vaish , Akhil Kumar Gupta , Calicut City Service Cooperative Bank , Bandhan Bank Ltd , First Bank , Financial Services , Capital First Ltd , Dvara Kshetriya Gramin Financial Services , Reserve Bank , Bandhan Bank , Capital First , Governor Shyamala Gopinath , அந்தமான் மற்றும் நிகோபார் தீவுகள் , ஷியாமள கோபினத் , பங்கஜ் வைஷ் , காலிகட் நகரம் சேவை கூட்டுறவு வங்கி , பந்தன் வங்கி லிமிடெட் , முதல் வங்கி , நிதி சேவைகள் , மூலதனம் முதல் லிமிடெட் , இருப்பு வங்கி , பந்தன் வங்கி , மூலதனம் முதல் , கவர்னர் ஷியாமள கோபினத் ,

AU Small Finance Bank gains on successfully raising funds via QIP


AU Small Finance Bank advanced 3.34% to Rs 1226.85 after the company successfully raised Rs 625.50 crore through qualified institutional placement (QIP) route.
The capital raising committee of board of directors of the bank, at their meeting held on Monday (15 March 2021) approved allotment of 50 lakh shares to eligible qualified institutional buyers at the issue price of Rs 1251 per equity share. The QIP issue opened on 9 March 2021 and closed on 15 March 2021.
The issue witnessed strong reception from both domestic and international institutional investors and the entire QIP was subscribed by sovereign wealth funds, large foreign portfolio investors, life insurance company and domestic mutual funds. ....

Sanjay Agarwal , Au Small Finance Bank , Au Bank , Life Insurnace Company , Monetary Authority Of Singapore , Small Cap World Fund , Finance Bank , Insurnace Company , Monetary Authority , Capital Market , Mo Ney , Qualified Institutional Placement , Stock Market , Capital Requirement , United Bank Of India , Capital First Ltd , Closed End Funds , Banks Nec , Corporate Banks , Retail Borrowers , Small Cap World , சஞ்சய் அகர்வால் , ஆ சிறிய நிதி வங்கி , ஆ வங்கி , வாழ்க்கை கிளர்ச்சி நிறுவனம் , பண அதிகாரம் ஆஃப் சிங்கப்பூர் ,