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Banking as we know it will stand on its head in the next 10 years.
The message to bankers from Raghuram Rajan was clear.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
There are few lapses in the healthy insurance proposals.
High savings, aggressive asset allocation and a frugal lifestyle can help you hang up your boots a decade early.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
A customer wanting to buy a car would have to wait a long time for delivery.
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