Public sector banks (PSBs) alone have disbursed Rs 81,781 crore in the first phase of the outreach programme between October 1-9, Finance Minister Nirmala Sitharaman […]
Mumbai: The slide in Indian bonds last month on concern about potential monetary stimulus has one bond veteran smelling an opportunity. The government’s scope to deliver […]
Innovation is one of the fundamental requirements for banks and credit unions to remain competitive in the future. While the largest financial institutions have spent […]
Approval rates for small business loan applications reached a record high of 27.5% at big banks ($10 billion+ in assets) in April, up one-tenth of a percent […]
Accelerating the rate of growth of the economy and disposable incomes holds the key to higher deposit mobilisation by the banking system, says an RBI paper. The […]
The central bank announced it will lower reserve requirement ratios for small and medium sized banks which mainly serve local companies. The adjustment is part […]
Very clearly, this polarisation has existed for a very long time in the BFSI sector. Well-run NBFCs, that tend to deliver consistent shareholder returns, are […]
The RBI analysis suggests that PSBs scored relatively better than other bank groups. Large banks tended to be more efficient than small banks as they […]
Historically, rural India used to suffer from a severe deficiency in power and connectivity infrastructure, shortage of skilled workforce and paucity of funds for investment […]
Public sector banks are in no hurry to follow big brother SBINSE -0.10 % in linking their deposit and lending rates to the RBI’s repo rate, which may […]
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