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RBI Permits Credit Suisse To Retain India Banking License

The Reserve Bank of India (RBI) has permitted UBS-acquired Credit Suisse to keep the banking license in its name in India, according to an ET Now report on Wednesday. Credit Suisse is a leading wealth manager with strong global investment banking ...

No banking license for IFCI, LIC Housing, L&T Finance: stocks plunge

Lack of banking license for LIC Housing, L&T Finance Holdings and IFCI saw their stocks plunging in trade today. L&T Finance Holdings was down almost 8 per cent, while LIC Housing was down 2 per cent and IFCI slumped 7 ...

26 entities apply for new banking license

A host of top-notch corporates from the private and public sector have applied for a banking license, the deadline of which past yesterday. The list of applicants are as follows: 1. Aditya Birla Nuvo Ltd., Mumbai. 2. Bajaj Finserv Ltd., ...