A 2008-style bank run seems unlikely, but if it did happen, the sector is much better prepared.
What if you could have an option apart from personal loan in times of crisis?
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.
The meeting will be attended by all heads and EDs of public sector banks
'The Dalai Lama is in a tearing hurry.' 'The 'reincarnation' card remains unplayed, and time is running out.' 'Is something big being planned for the event of Tibetan Buddhist leaders in Leh in November?' asks Ambassador M K Bhadrakumar.
Losing power after having come so close, Yediyurappa was determined to regain the reins of power from H D Kumaraswamy.
Movies, their motives and time of release make me wonder if we'll ever be able to see India as India and not a reflection of its governments, notes Sukanya Verma.
A section of analysts feel now may not be a bad time to buy select PSBs.
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
On Monday, Reserve Bank hiked the lending rates to banks by 2 per cent to 10.25 per cent.
Banks are likely to cut rates even further, say finance minister Arun Jaitley.
'With the Election Commission wisening up to the practice, which strikes at the very root of electoral democracy, the practitioners of cash for votes have been getting more and more ingenious,' points out Saisuresh Sivaswamy.
It is expected to bring transparency and reinstate consumer faith in the industry, says Brotin Banerjee.
This is the index's biggest single-day fall in almost a month
Pulwama must become the defining moment in our fight against terror, effecting a sea change in our mindset. The erratic, blow hot blow cold approach, the hallmark of our anti-terror-Pak-Kashmir policy must end. In its place is required a pragmatic, comprehensive, robust hard line course that is relentlessly pursued even in times of relative calm until the final objective is met, namely the eradication of separatism and the total annihilation of terror, says Vivek Gumaste.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
Banks and realty among the most hit on account of high borrowing costs.
PS banks need to pull up their socks to improve cash flows.
The Wuhan meetings signify an incremental shift in China's position on India as well as each country buying time for the next phase of bilateral relations, says Srikanth Kondapalli.
Gold is often favoured as a hedge against economic and financial uncertainty
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Banking as we know it will stand on its head in the next 10 years.
Prime Minister Narendra Modi's phone call to Trump will help restore a degree of sanity to Indian statecraft and diplomacy, notes Ambassador M K Bhadrakumar.
Five simple tips to help the youth kick-start their financial education
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
Ahead of the International Fleet Review being held in Vizag, Naval chief Admiral RK Dhowan spoke of the changing perception of the navy and the many challenges it faces.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Bankruptcy Code will consolidate existing laws related to liquidation and sick industries
Retail inflation measured by the consumer price index has risen sharply across food and non-food constituents, including services, keeping inflation expectations high, the Reserve Bank of India said in its Second Quarter Review of Monetary Policy 2013-14.
Bookanakere Siddalingappa Yeddyurappa has navigated the choppy waters of politics with the consummate ease of a seasoned oarsman, defying tidal waves of adversity
A rate cut will bring positive sentiment around the Budget.
Banks have not cut rates yet as March is typically a busy season.
The Indian intelligence brass may have snared a key Pakistani spy and Jadhav's arrest is Pakistan's way of getting even with India, says Rajeev Sharma.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
Over 3,500 police personnel have deployed as the farmers began their march from the Ramlila Maidan to Parliament at 10.30 am.
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