Entry of payments banks and smaller banks, in simple words, would mean the birth of a new generation of banks in Asia's third largest economy, which will undertake specific banking activities.
All of the smaller lenders have benefited from a drop in provisions arising out of decline in bad loans.
We may be still at least two quarters away from a point when one could say that the worst is over
The floor price of the offer for sale has been kept at Rs 70 per share