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'RBI has given us 120 days to operationalise SFB'

'Only when we are part of the same family, which will happen down the line, then, of course, we will give them (PMC depositors) all the assurance and the comfort.' Photograph: ANI Photo With the......

Will PMC Bank find salvation?

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the......

Singapore-based DBS Bank plans to trim India branches in 2-3 years

The combined deposits of its Indian operations stood at SGD 9 billion and net advances were at SGD 5.6 billion at the end of December 2020. Singapore-based DBS Bank plans to scale down its network......

RBI's 3-pronged strategy to revive PMC Bank

The three investors that have submitted their final bids fpr PMC are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is......

Why bank branches are important even in Digital India

Despite the increasing adoption of digital transactions in the past three to five years, brick-and-mortar interaction across geographic catchments remains a potent distribution channel. Though the......
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