Since 2014, the public sector banks' branch network in rural and semi urban has grown by a mere 4,000 while for private sector banks, it doubled from 9,673 to 18,437.
New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee.
The discount should be equal to interest rates on savings bank account deposit of State Bank of India.
the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
Threats from IS militants, the Syrian conflict and the migrant crisis in Europe are some of the recent risks that have companies worried, says M Saraswathy.
This form of device-based insurance uses GPS to measure how much a car runs and the speed that it is run at.
General, life insurers with 8 & 10 yrs in biz, respectively, may have to list
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Section 45, which says no claim can be rejected after three years of a policy being in force, remains a bone of contention
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
Similar to a travel insurance that is purchased during booking flight tickets online, those booking tickets on IRCTC's website would get an option to purchase insurance for their train journey
Most institutions have decided to blacklist Grofers from participating in any placement programmes.
Experts say Dhoni will continue to be relevant.
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
Not only does yoga help beat stress, it also helps them stay agile physically and mentally, say CEOs.
The insurer has launched a personal health wallet with an aim to motivate people to not only buy health insurance but also stay fit
Life insurance companies are balancing the increasing use of celebrity endorsers by limiting the association to short, event-led campaigns.
HDFC Life has a balance between traditional policies and Ulips
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