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$6-Billion Foreign Bet on India's Private Banks

Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026. Illustration: Uttam......

Banks can open ATMs without approval: RBI

The Reserve Bank on Tuesday allowed banks to open ATMs outside their branches without permission from the central bank. "It is proposed to allow scheduled commercial banks (SCBs) to set up offsite......

Modi uses executive order to pass coal, insurance reforms

Prime Minister Narendra Modi resorted to a rarely-used executive decree on Wednesday to implement coal and insurance reforms, displaying his resolve to revamp Asia's third-largest economy despite......

Domestic banks can sell NPAs abroad: What does this RBI move mean?

Apart from easing the NPA pressure on domestic banks, the RBI’s move can allow companies to raise cheap, long-term loans easily now. Illustration: Uttam Ghosh/Rediff.com The Reserve Bank of......

Why depositors continue to flock co-op banks

The interest offered is mostly 0.5 to 1 per cent more than what other banks offer. Moreover, customer service and long-term association spanning generations are also other reasons for the......

Abizer Diwanji

News for Abizer Diwanji

$6-Billion Foreign Bet on India's Private Banks

Banks can open ATMs without approval: RBI

Modi uses executive order to pass coal, insurance reforms

Domestic banks can sell NPAs abroad: What does this RBI move mean?

Why depositors continue to flock co-op banks

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