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'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

P2P Lending: Barking Up The Wrong Tree

P2P platforms do not have the safety net.Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal......

'For us, there is no hurry to grow fast'

'In the business of money, where you are regulated, the liability lies on the head of the acquirer.''It is not a good thing when you cannot spot the risks.' Illustration: Dominic Xavier/Rediff.com......

RBI just dashed hopes of India Inc to add banking to their empire

The Reserve Bank on Friday accepted most of the recommendations of its working group on corporate ownership of private sector banks, by allowing unrestrained promoter shareholding in the first five......

Door Looks SHUT For Corporate Run Banks

It may be a 'no-go' for banking licences to large industrial houses. Illustration: Uttam Ghosh/Rediff.com   The Reserve Bank of India may not be in favour of issuing banking licences to large......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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