Meet the first CEO of all-women bank

The suspense over who will steer India’s first all-women bank is over. The finance ministry has identified Usha Ananthasubramanian, executive director of Punjab National Bank, to be the chief......

Panel set up to prepare blueprint for all-women bank

Finance Minister P Chidambaram has set up a committee of bankers and other experts to prepare a blueprint for all-women bank that is likely to become operational by November."The committee has been......

Get ready to pay more for loans!

Bankers on Tuesday indicated that the 25 basis point hike in the percentage of cash that banks must hold in reserve was hardly enough to soak up excess liquidity, but some banks may still hike......

Bankers expect further rate cut

Amidst ongoing rate cuts, bankers on Tuesday said they expect a further fall in interest rates due to ample liquidity in the banking system. "With ample liquidity in the banking system, pressure on......