BSE Sensex 41,945.37 [ 0.03 %] Asian Paints 1,831.20 [ -0.20 % ] Axis Bank 739.80 [ 0.34 %] Bajaj Auto 3,116.50 [ 0.04 %] Bajaj Fin. 4,230.50 [ 0.24 %] Bharti Airtel 500.00 [ 5.47 %] H D F C 2,453.95 [ -1.14 % ] HCL Technologies 598.80 [ 0.91 %] HDFC Bank 1,277.85 [ -0.76 % ] Hero Motocorp 2,452.30 [ 0.78 %] Hind. Unilever 2,059.20 [ 0.55 %] ICICI Bank 530.90 [ -1.14 % ] IndusInd Bank 1,352.55 [ -2.46 % ] Infosys 767.85 [ 0.13 %] ITC 239.85 [ -0.37 % ] Kotak Mah. Bank 1,697.80 [ -0.16 % ] Larsen & Toubro 1,304.55 [ -1.10 % ] M & M 569.00 [ 0.28 %] Maruti Suzuki 7,524.55 [ 0.80 %] Nestle India 15,441.35 [ 0.61 %] NTPC 121.20 [ -0.16 % ] O N G C 125.35 [ 0.68 %] Power Grid Corpn 197.40 [ 0.51 %] Reliance Inds. 1,580.65 [ 2.79 %] St Bk of India 318.00 [ -1.62 % ] Sun Pharma.Inds. 454.45 [ 1.24 %] Tata Steel 495.30 [ 0.22 %] TCS 2,218.05 [ -0.91 % ] Tech Mahindra 778.30 [ -0.58 % ] Titan Company 1,188.25 [ -0.41 % ] UltraTech Cem. 4,488.70 [ 0.32 %]
Derivatives
IPO

News

Corporate news

RBI removes restrictions on CSB Bank to open new branches

14-Jan-20    17:50

CSB Bank announced that the regulatory restrictions imposed by Reserve Bank of India on opening of new branches, vide their letterdated 30 January 2015 in view of the delayed Initial Public offering of shares of the Bank, have been lifted by RBI, with effect 10 January 2020.

Accordingly, the Bank can currently open branches under the general permission of Reserve Bank of India for all banks subject to the condition that the Bank should ensure that at least 25% of the total number of Banking Outlets opened during a financial year are opened inunbanked rural centres, which is applicable for all banks, as part of the general permission.

Powered by Capital Market - Live News

Attention Investor
Prevent Unauthorized transactions in your Trading and or demat account, Update your Mobile/Email-IDs with your Stock Broker/Depository Participant. Receive alerts on your registered mobile/E-mail ID for all debit and other important transactions in your demat account directly from CDSL and information of your transactions directly from Exchange on the same day ………………………. Issued in the interest of investors.            ASBA TICKER   :   No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.            KYC TICKER   :   KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.