Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.
As consumers in India seek variety and innovative products, there's a lot of interest among investors for healthier products.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
The move will have cascading effects for lot of related sectors
On a sequential basis, banks have had to set aside a substantial amount for bad loans, up 30 per cent from Rs 3,459 crore in the June quarter to Rs 4,508 crore.
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
Dr Manjiri Bakre's OncoStem is revolutionising breast cancer treatment. And has raised $6 million to do more!
Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
Project delays, stretched balance sheets impacting asset quality indicators of HFCs.
Liv.Ai makes speech recognition software that allows people to transact in their native languages.
Sebi wants angel networks to follow public and private placement norms
Tencent reinforces India's consumer internet story. Ranju Sarkar reports.
Flickstree's technology picks free, non-licensed content from sites like YouTube, Vimeo, Daily Motion and TED Talks and feeds the best videos to users.
Right marketing and product strategy have helped Falguni Nayar build a beauty retail business.
As the funnel of good-quality early-stage companies are built, mid-stage and growth capital always follows, says Fireside Ventures founder Kanwaljit Singh.
There were fewer Series-B deals this year versus last, but more money was raised
The time-bound nature of the bankruptcy code, envisaging resolution within 180 to 270 days, would put enormous pressure on the existing judicial infrastructure.
The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore
Utkal Tubers is selling potato seeds in new areas and seizing the opportunity to create a Rs 100-crore firm.
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