Even today, many MFIs already distribute pension and micro insurance products to low-income households.
As all regulators are part of it, individuals don't need to worry about approaching the right authority
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Frequent balance transfer in search of a lower rate can be tricky for borrowers, if property prices fall
It is unrealistic to expect that change will happen in one year: Birla
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Pulbic banks have no reason to cheer Budget announcement.
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
The committee's suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.
The onus is on you to reject financial products that don't suit your needs.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Every 30 seconds its website is connected to an SME for a loan, every five minutes it evaluates a loan, and every 20 minutes it disburses a loan.
Banks and insurers are beginning to reward customers who show exemplary conduct with lower prices and penalise those who behave poorly by imposing higher costs.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
Salil Dhawan shares his stock market wisdom as 2017 is all set to ring out.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Modi sarkar will have to undertake reforms to prove its mettle.
Despite Sebi passing at least four orders against deposit-taking entities in the past year alone, the business seems unscathed
With the advent of new banks, IT firms will get boostto their businesses.
A customer wanting to buy a car would have to wait a long time for delivery.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
