The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
The meeting will be attended by all heads and EDs of public sector banks
'Some of the good wrestlers are making really good money.' 'If you look at their lifestyles, they are no less compared to our cricketers.'
'The cash part is the lower hanging fruit compared to the other sources.' 'To attack the cash part of black money, I can't think of anything else but demonetisation.'
Bharatiya Janata Party prime ministerial candidate Narendra Modi sharpened his attack on Nitish Kumar, saying the Janata Dal-United leader's "arrogance" and "ambition" to become prime minister drove him to split from BJP, and compared the socio-economic conditions of Muslims in Gujarat and Bihar to claim he practised "true" secularism.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
'I had to jump from the ninth floor, breaking through the glass. The timing went wrong and instead of landing on my feet, I landed on my head. People thought I was dead, but I stood up.'
Veteran actress Sudha Shivpuri, known for her role as Baa on Ekta Kapoor's hugely popular telly soap Kyunki Saas Bhi Kabhi Bahu Thi, passed away, on May 20 in Mumbai. She was 77. We reproduce an interview with the veteran actress, published in January 2008.
Director Anil Sharma gives us an insight into the Deol men, and other Bollywood Greats.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
32 years ago, CPI-M activists hacked both the legs of Sadanandan Master, a former party member who has moved over to the RSS. Master learnt to walk using prosthetic legs and rebuilt his life. Today he is the BJP candidate highly-sensitive Koothuparamba constituency of Kannur. He told Shobha Warrier/Rediff.com his story.
With a sole mandate of inflation targeting, RBI wears many hats.
The e-commerce story in India has begun to look up.
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