Gandhi attacked the government over its 'maximum governance' slogan, saying this also meant expanding the base of disagreement without inviting retribution, a reference to its crackdown on several non-governmental organisations.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
The government's initial promise and energy seems to have dissipated.
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
Criterion for corporates will effectively rule out entry for business houses.
A bigger problem is that there is no clear definition of "call drops".
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
While the US is definitely recovering, Europe, Japan and, now, China are all going through another wave of what some fear could be a multi-year slowdown.
Three recent initiatives kicked off with renewed vigour to improve governance were actually started, perhaps in a different format by the UPA government.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
AAdhar cannot be successful unless there is proper coordination at the helm.
Demonetisation will wipe out the likely benefits of a good monsoon this year, says Christopher Wood of CLSA.
The BJP had not filed till May the expenses statement for the Karnataka Assembly elections held last year in July.
Trust explores options on reinduction of ousted founder on board as firm closes ranks.
Stepping up his offensive against the Congress, he asked the party to "repent" for what it has not done in the last 60 years.
With the advent of new banks, IT firms will get boostto their businesses.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Angus Deaton's Nobel Prize should spark off more research on the measurement and usefulness of poverty percentages.
'My God, what do I say? It's shocking!' 'They had 27 MLAs in 2012. And now they have just seven.' 'My party (the Apna Dal-S) contested 11 seats and won in nine.'
In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
Prime Minister Narendra Modi on Friday said his government has carried out major reforms -- including labour reforms and reforms in insurance and defence sectors -- 'in less than 100 days' and stopped reversals Indian economy had been facing.
P Chidambaram rejected Prime Minister Narendra Modi's veiled charge that Sonia Gandhi was an "unconstitutional authority."
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
Four specific areas will be watched carefully in the first half of FY16
People elected me to fight corruption, I'm doing what they told me to do, Modi said.
In other welfare schemes, such as those for cooking gas, pension and scholarships, which are linked to DBT, cash is transferred directly into the bank accounts of beneficiaries.
'We have to make doing business in India easier.'
The Finance Minsiter says country requires 'a larger opening out in more sectors, stability of policy and tax regime'
Relaxation in KYC guidelines has helped meet the target but this could lead to money laundering and financial malfeasance, it is feared.
'To identify with the common man, Modi had to look like one.' 'The disastrous suit with his name written on it never made its reappearance.' 'Frequent dress changes during the day, which led Arvind Kejriwal to calculate that Modi spent crores on his attire ever year, too stopped.' 'Instead, a newer Modi emerged: Humble and eager to serve.' Narendra Modi has cleverly repositioned himself as a man of the masses in the past three years, says Aditi Phadnis.
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
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He started a fund with Rs 800 crore and made several investments.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Meaningful devolution of spending power to states could spread more confidence on the ground and stir precisely the sort of change Prime Minister Narendra Modi had promised.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
Your social media profile may soon be your ticket to a loan or a credit card, says Abhishek Agarwal
Progress on several parameters creates a tipping point situation.
The agrarian crisis must be met with similarly speedy responses.
The preference for digital banking now cuts across all customer segments.
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