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Banking as we know it will stand on its head in the next 10 years.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
The Central Bureau of Investigation has arrested an Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged illegal conversion of currency post-demonetisation.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
NBFCs are allowed to include registration, stamp duty
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
Asian shares ended higher after a string of positive US economic data.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Sensex is trading firm; FMCG, real estate going strong.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
he reason behind the cut in policy rate seems to be a slowing economy
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Global liquidity expected to continue amid ECB stimulus
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
The rupee fell to a two-year low of 64.84 against the US dollar.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
Railway Budget has not discriminated against any state.
Subrata Roy turned up at a New Delhi stadium, best known for hosting the Commonwealth Games, last week as part of his country wide Abhaar Yatra.
Every evening when the lights glow in the huts of Gangapur village, the villagers thank two young men - Ajay Kumar and Somil Daga.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
Custodian banks are selling dollars for their foreign fund clients.
Pharma shares extended losses after the government's ban on combination drugs.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The breadth was neutral with 1,329 advances and 1,320 declines.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The derivatives expiry on Thursday is also expected to add to the volatility.
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
