It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......
HDFC Bank has been conscious in not accepting high-cost deposits, which have resulted in slower growth in October-December, said Sashidhar Jagdishan, managing director and chief executive officer,......
Standard Chartered’s India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country’s private banks,......
Banks, the biggest component of the Indian equity market, are now trading at a big discount to the benchmark indices. Photograph: Danish Siddiqui/Reuters The BSE Bankex index, which tracks the......
Investors should view any bounce-back in bank stocks as an opportunity to exit the pack, analysts suggested, as the worst may not be over yet. Illustration: Uttam Ghosh/Rediff.com The recent......