The customer will be liable in a limited manner if the negligence is on the part of the customer, such as where she has shared payment credentials
Central KYC not in sync with Sebi's KRA system; regulator writes to finance ministry
Banking as we know it will stand on its head in the next 10 years.
The increase was led almost entirely by foreign currency assets
Price rise in services sector after the goods and services tax (GST) gets implemented and the pay hike of central government employees will make inflation control a tough job for the central bank
RBI is expected to discuss about the impact of GST in its monetary policy.
In India, bond yields have fallen nearly 70 basis points in the last one year.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
'The IPO window has been more or less open since the new government in 2014.'
Global growth expectations have slumped to a five-month low.
Analysts, however, said the timing of the infusion was good.
A strong currency helps in fighting some of the import-led inflation.
According to Subbarao, the pressure on the currency was inevitable.
Subsequent data revisions revealed that growth had not slowed that sharply.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Shares of most European banks are down significantly.
Typically these are high-beta stocks and earnings are volatile
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
Banks had raised about $34 billion through the FCNR (B) from deposits from NRIs in September 2013.