'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 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......
'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......
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......
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......