CPI opposes banking licence to industrial/business houses
NEW DELHI: The Communist Party of India (CPI) on Tuesday opposed the recommendations of Reserve Bank of India’s (RBI) working group to issue banking licence to industrial/business houses and conversion of large finance companies into banks. “It should be recalled here that at the time of Independence of our country, all the banks in India […]
Credit Suisse applied for banking licence in Spain after Brexit
MADRID: Credit Suisse (CSGN.S) has applied for a licence to set up an investment bank hub in Madrid after Britain has left the European Union, a spokesman said on Monday confirming a report from Spanish newspaper Expansion. The Swiss lender sought a licence from the Bank of Spain and the European Central Bank in July […]