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Ram Sangapure

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PNB fraud: CBI gets govt nod to act against Usha Ananthasubramanian

The government has given sanction for prosecution against PNB executive director Sanjiv Sharan as part of the clean up exercise in the system. Illustration: Uttam Ghosh/Rediff.com The government......

India's push to offer banking for all stumbles on empty accounts

More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty, illustrating the massive task ahead for one of the government's most......

Festive season fails to cheer banks this year

The festival season this year has failed to bring in good news for banks. Bankers believe consumers' reluctance to buy has made this season worse than even the previous two years, when lenders had......

Why festive season failed to cheer bankers

This year’s festival season has failed to cheer banks, thanks to reluctance of the consumer to spend money. Image: Bankers say it was a dull diwali for them this time as loan demand......

Little festive cheer for bank credit growth

2014 sees slowest start to festival season in at least 7 yearsFestive fervour ahead of Diwali appears to have done little to support banks’ sagging credit growth. Despite attractive interest......
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