'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.' Photograph: Rupak De......
The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing. Illustration: Dominic Xavier/Rediff.com Tucked away in the 'Report on Trend and Progress of......
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......
Despite a largely stable December quarter, investors booked profit in shares of IndusInd Bank (IIB) as an increase in slippages took them by surprise. Analysts, on their part, believe investors......