Eversince the banking sector regulator offered discussion drafts on the guidelines associated with payment banks and small finance banks, there has been a healthy debate on the impact these would have on the sector. There is a need to evolve structural ... The Financial Chronicle, 1 week ago
Surprising most analysts and market watchers, the Reserve Bank of India (RBI) governor cut the repo rate by 50 basis points (bps) to 6.75% on Tuesday. While many expected at least a 25-bps repo rate cut on the back of slowing economic growth and ...Livemint.com, 5 days ago IDFC Bank eyes Rs15,000 cr rural banking portfolio in five years Livemint.com, 1 week ago 10 entities get RBI nod The Financial Chronicle, 2 weeks ago An open sesame moment for the Indian banking sector Livemint.com, 1 month ago
When India launched the Jan Dhan (people's wealth) program a year ago, many observers regarded it as an experiment that would fail . But while the program may not have measured up to the claims of its proponents, evidence shows it has had some ...Wharton, 1 month ago
The first major aspect is that of the veto power to the governor. All said, one must thank the financial system and perhaps the new finance code for raising so many new aspects and issues associated with the monetary policy, the way interest rates were determined earlier and will now be done. Several aspects have come to the fore and after a healthy debate and with a constructive approach taken by the government and the central bank, there seems a calm understanding and agreement on the ...Rediff.com, 1 month ago
MUMBAI: India Post has shortlisted management consultants to advise it on floating a new bank. Instead of migrating existing savings account customers to a bank, the Department of Posts is looking at floating a completely new entity which will start ...Times of India, 2 months ago India Post won't move savings accounts to its bank Economic Times, 2 months ago
In a bid to entice global companies, the government on Thursday clubbed foreign investments across sources under a composite cap policy dispensation. It also allowed bringing in foreign investments in all forms up to 49 per cent across sectors without any ...The Financial Chronicle, 2 months ago Composite investment cap cleared for FDI, FII The Financial Chronicle, 2 months ago
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