The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape.It enables travellers to pay for a cross-section of needs, including toll tax,......
Some of the essential services related to banking, transportation, railways and electricity are likely to be impacted during a two-day nationwide strike called by a joint forum of central trade......
Eminent economist Raghuram Rajan has said free speech suffered a "grievous blow" in India with the resignations of Pratap Bhanu Mehta and Arvind Subramanian from the Ashoka University and that the......
Pakistan has lodged a strong protest with India over its diplomats in the high commission allegedly not being allowed to withdraw their salaries, which is paid in US dollars, by the bank.......
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......
As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com ......
Federal Bank on Thursday said the Reserve Bank of India has accorded approval to ICICI Prudential Asset Management Company Ltd () for acquiring up to 9.95 per cent stake in the bank. RBI accorded......
'We are committed to achieving the targets we had outlined.' The Reserve Bank of India's recent decision to increase risk weights on unsecured loans does not necessitate any capital raise by RBL......
The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......