'You cannot have only one product or one market or one customer segment.' Illustration: Uttam Ghosh/Rediff.com While the Reserve Bank of India (RBI) allows small finance banks (SFBs) to apply to......
Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB). Illustration: Dominic......
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff Last week's column on the......
But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff In September 2006, the Union government had put the Satara......
Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal......