There's a long way to go before human beings are replaced by machines -- in banks at least.
Foreign banks had 317 branches in 2015-16; it has reduced to 286. In the same period, employee strength came down from 26,642 to 24,766.
Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast
Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.
The move will have cascading effects for lot of related sectors
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
Banks play 'mind games' to woo customers. Big data and 'games' are now the tools of the trade.
Can the Bajaj-Triumph tie up overtake the beloved Royal Enfield?
The freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
Customers won't shift to electric cars until there is countrywide infrastructure for charging stations, which should be as spread out as petrol pumps now. Two, the price of the lithium ion battery, which constitutes 30 to 40 per cent of the cost of an electric car, has to fall substantially, so that the vehicle is as affordable as a gasoline one.
'The RBI risks becoming dangerously weakened, as successive governments and finance ministers have misunderstood its role'.
The failure of big-budget Bollywood movies show that mega stars such as Salman Khan, Shah Rukh Khan, Hrithik Roshan, Ranbir Kapoor, Katrina Kaif and Anushka Sharma are struggling to impress the audience.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
According to a legal expert, the clause of 'reasonable restriction' could still mean the government can make Aadhaar mandatory for monetary transactions and therefore, for banking.
With the introduction of new notes, India will have denominations of Rs 1, 2, 5, 10, 20, 50, 100, 200, 500 and 2000.
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