Calcutta HC: Demolition Orders Cannot be Challenged under Article 226 if a Statutory Appeal Exists || Kerala High Court: Disability Pension is Payable to Voluntary Dischargee For Service-Related Illness || Calcutta High Court: Partition Decree is Executable Only After Stamp Duty Payment || Calcutta HC: Contempt Court Cannot Grant New Relief Beyond Original Order Once Compliance is Met || Kerala High Court: Intentional Judicial Decisions Cannot be Altered as Clerical Errors under CPC || Supreme Court: Delay In Filing Appeals under Section 74 of 2013 Land Acquisition Act is Condonable || SC: Statutory Authorities may Intervene When Housing Societies Delay Membership Decisions || SC: Quasi-Judicial Authorities Cannot Exercise Review Powers Unless Expressly Granted By Statute || SC: Special Court Cannot Order Confiscation While Appeal Against Attachment Confirmation is Pending || SC: Photocopies are Not Evidence Unless Conditions for Leading Secondary Evidence are Proved

Suryoday Small Finance Bank Limited commences operations- (Reserve Bank of India) (23 Jan 2017)

MANU/RPRL/0008/2017

Banking

Suryoday Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Suryoday Micro Finance Private Limited, Navi Mumbai was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press release on September 16, 2015.

Tags : FINANCE BANK SMALL OPERATIONS

Share :