It's back to the drawing board for payment banks

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......

'Small finance banks need to build all product ranges'

'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......

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

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......

MFs hungry for bigger slice of banking pie amid growing investor inflows

Amidst growing investor inflows, mutual funds (MFs) are eyeing a larger slice of the banking sector. Photograph: Anindito Mukherjee/Reuters In the past few years, few of the major fund houses have......