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BJP, Cong leaders stopped from going to Sandeshkhali

 Senior leaders of the Bharatiya Janata Party and the Congress were stopped by police on Friday from visiting the trouble-torn Sandeshkhali, escalating the political tensions in the state as the......

Tight-fisted Jaitley offers promises to debt-ridden banks only

 Rs 25,000 crore (Rs 250 billion) may be too little too less for sick PSBs; consolidation, privatisation of IDBI soon The Union Budget 2016-17 turned out to be a damp squib for banks as the public......

It will be advantage borrowers from April 1

   Banks to compute lending rates under new rules  To force lenders effectively pass on policy rate cuts, the Reserve Bank of India on Thursday said from April 1, 2016, banks must review......

Heat on RBI, banks to reveal defaulters

   Public sector executives and lawyers dealing with bank cases said that banks will no longer be able to use blanket refusal to provide information. The Reserve Bank of India and the banking......

Analysts welcome bank licences for Bandhan, IDFC

 Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut. "This is......

MFIs need fixed regulations: Fitch

 A common and consistent set of regulations from a single regulator is necessary to revive Indian microfinance institutions.According to a report by rating agency Fitch, different sets of......

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