Tag Archives: minimum

Small finance banks need minimum ₹200 crore capital in on-tap licence regime

Mumbai: The Reserve Bank of India on Friday allowed payments banks to apply for small finance bank (SFB) licences, provided they meet the criteria. According to the new draft guidelines for on-tap licencing of private sector SFBs, the promoter of a payments bank is eligible to set up an SFB, provided both banks come under the non-operating financial holding company (NOFHC) structure. Existing rules do ... Read More »

Hyderabad HC recommends MCI to remove minimum 17-year age limit for MBBS admission

The Hyderabad High Court has recommended that the Medical Council of India (MCI) and the central government should revamp the minimum age limit set (17 years) for admission to MBBS course. Earlier a petition was filed by V.S.V. Dheeraj who had studied a course equivalent to MBBS from a foreign university. He wanted to write the eligibility test conducted by ... Read More »