Bank consolidation is the flavour of the season, but one should not lose sight of the fact that India needs more banks
6 min read24 Jul 2017There is an inherent contradiction in the coexistence of a free market and a repressive banking system. RBI governor Raghuram Rajan seems to be determined to address this
5 min read9 May 2016In its draft guidelines, RBI proposes to allow applications for universal bank licences at any time, subject to a list of conditions
4 min read6 May 2016IDFC says with these additional provisions, its net worth will reduce by approximately `1,600 crore
1 min read21 Sep 2015The company, which already has a network of over 12,000 touchpoints, will go live as a PB with 3,000 touchpoints
2 min read22 Mar 2015Sandhu says the RBI will invite fresh applications to grant licence in 3 categoriessmall banks, payment banks and universal banks
1 min read15 Oct 2014Universalizing bank accounts, electronic or otherwise, is an unnecessary, paternalistic and unachievable goal, says Narayan Ramachandran
4 min read15 Jan 2014We’ve fared rather well in crisis year
10 min read14 Sep 2009The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared