Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Control over PSU banks is what is allowing the government to drive this scheme.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
As the teachers began gaining confidence, it also drew the attention of other women in the community, leading to greater demand for teaching jobs.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Budget in the medium term aims to kick-start the investment cycle.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
Infra major GMR is hopeful of maintaining strong order book.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
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