Can the government not think of giving tax savings against education?
The top 10 finalists were chosen from over 750 applications from across industries, both for-profit and social ventures.
Citibank certainly made this Diwali a memorable experience for many – Indeed a digital Happy Diwali!
The short point is the bankruptcy code will lack the teeth unless there is clarity on faster judicial resolution of insolvency cases
Kerala recorded highest compounded annual growth rate (CAGR) of about 59% in attracting real estate investments during the decadal period of 2005-06 and 2014-15
As per the RBI guidelines, there will be provision for premature withdrawal subject to a minimum lock-in period and penalty to be determined by individual banks
The prime minister said the banking sector is poised to achieve a big boost in growth in rural areas.
Ghosh doesn’t believe that the entry of new set of banks will be the end of life for MFIs. Microlenders will survive partnering with the new set of banks
he Supreme Court on Thursday relaxed its earlier order to extend use of Aadhaar card on voluntary basis in social welfare schemes like the rural job guarantee scheme, old age pensions, provident fund and prime minister's Jan Dhan Yojana.
It shows the absence of a strong centralised fraud detection mechanism even in large banks
The government should now push public spending in infrastructure projects and get the asset quality and capitalisation issues of the banking sector sorted out at the earliest
Nailing Mallya is even more critical for banks now for two reasons. This can reinstate the confidence in the banking system itself and send a message to other wilful defaulters
It is alleged that the loan was sanctioned in violation of norms regarding credit limits.
Last week, RBI Governor Raghuram Rajan gave us a surprise double-barrel rate cut, indicating the pressure on him to cut rates. But the world is still printing too much money and a crash worse than 2008 is still in the works.
If Indian e-commerce players have to address customer stickiness, they will have to view themselves as retailers and focus on product and merchandise development to overcome such supply constraints.
Naina Lal Kidwai, chairperson, HSBC India will retire in December after 13-year stint with the bank that she joined first as Vice Chairperson.
A big part of the bad loan problems currently faced by Indian banks can be attributed to forced directed lending by the government through state-run banks. The government shouldn’t do the mistake again.
Here's how to increase the your credit card limit
When will the US Fed hike rates? Why not consider the possibility of "never" in Janet Yellen's tenure?
With the RBI announcing an "in-principle" grant of small bank licences to 11 non-bank financial institutions, the mainstream banks will face competitive pressures both on the liabilities and assets sides of their businesses.
Considering the dominance of MFIs in the final list, the RBI clearly wants microlenders to take up a bigger role in taking banking to the rural poor.
A flexible and innovative financial solution to drive home the Mercedes Benz!
The US Fed may have to raise interest rates for the first time in a decade in order to maintain its own monetary credibility. But there is little chance that it will continue this policy when economic revival is still fragile
It isn’t easy to address the present bad loan problems of Indian banks since the rot runs deeper, unless the government wakes up to the problem and act with urgency to save the banking sector
The available data so far indeed point towards a rate cut in the immediate future. But, the government shouldn’t expect the RBI to go for a bigger cut at this stage as price worries aren’t over yet.
The SIP route helps you build an investment portfolio with small systematic investments at regular intervals, and hence imparts financial discipline.
The RBI had received 72 applications for small finance bank licences.