'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
It had entered the segment by pumping in over $290 million.
Major General Sujan Singh Uban, a legendary veteran of the Second World War, was a natural choice to raise, train and command the Special Frontier Force and mould them into a well oiled fighting machine, recalls his son Inspector General Gurdip Singh Uban (retd), who led SFF troops during the Kargil War.
The US government should not only look at salary, but also focus on skills while making immigration reforms
Beneficiaries to get hospitalisation cover up to Rs 30,000.
Priya Nair tells you how you can use technology to invest better and maximise returns.
Banking services across the country were hit on Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation.
Six Indian women have made it to Asia's most powerful women list released by Forbes.
The vertical will be based out of Bengaluru.
It is suggested that you get your SIM locked with which the wallet account is mapped.
CEA offers three compelling arguments in his case for privatisation of government-owned banks.
A dismissed air force official, who allegedly shared secret documents with intelligence operatives backed by Pakistan's Inter-Services Intelligence, has been arrested from Punjab by the crime branch of the Delhi police.
The meeting will be attended by all heads and EDs of public sector banks
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
The judge fixed April 26 as the next date of hearing when he will appear via video link from jail.
CEO Shashi Arora discusses his roadmap for Airtel Payments Bank with Karan Choudhury.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
The revenue department had sent notices to FIIs.
A special court on Tuesday opened the statement of 'secret witness' Ravina Raj Kohli, former president of Star News, from a sealed cover and handed it over to the defence lawyers.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Experts say a lot of new wealth is being generated by promoters selling their stake.
There's a long way to go before human beings are replaced by machines -- in banks at least.
Sepp Blatter's shock resignation as FIFA president should allow people to now focus on events on the pitch .
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
Bhagat Singh's name was not mentioned in the first information report for the murder of a British police officer in Lahore in 1928, the Lahore police have found, in a major boost to prove the legendary freedom fighter's innocence in the case 83 years after his execution.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
Jifi is a zero-interest current account with no minimum balance conditions, and can be opened with an initial payment of Rs 5,000.
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
Anil Pehelwan alias Leela, who was one of the three most wanted criminals of Delhi and had a cash reward of Rs 2 lakh on his arrest, has been arrested by the Crime Branch following a brief encounter.
'As of now, it may be best for India to insist that Yameen honours the supreme court rulings and ensures that the next election is free and fair,' says Brigadier S K Chatterji (retd).
Rituparna Chakraborty, co-founder and EVP, TeamLease Services explains which sectors will contribute to India's growth story.
China accounts for 90% of imports of mobile phones to India.
Two crucial witnesses in the Mumbai attacks trial, including an electoral officer who gave evidence about the Pakistani origin of one of the Laskar-e-Tayiba terrorists involved in the assault on India's financial hub, have been cross-examined in an anti-terrorism court.
Two crucial witnesses in the Mumbai attacks trial, including an electoral officer who established the Pakistani origin of one of the Lashkar-e-Tayiba terrorists involved in the assault on India's financial hub, have been cross-examined in an anti-terrorism court.
Details on the Swadheen Bharat Vidhik Satyagrah aka Swadheen Bharat Subhash Sena, the outfit responsible for the violence that claimed 24 lives in Mathura, Uttar Pradesh, including that of two police officials, are slowly emerging.
A top Naxal commander and aide of dreaded Maoist leader Kundan Pahan was on Wednesday killed by security forces in a pre-dawn encounter in the forests of Khunti district of Jharkhand.
The founder of the Republican Hindu Coalition first attracted attention in the US as the "Punjabi tycoon" who was a huge supporter of Narendra Modi in the US. 'He will be best for India. There is no better ally for the US than India in the region,' Shalabh Kumar tells Rediff.com's Vaihayasi Pande Daniel.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
