Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
.jpg)
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.
For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Licence winners are expected to be announced by the first quarter of 2014.
EC received the RBI proposal in the first week of this month, soon after the model code of conduct came into force on March 5.
Lenders now use your phone data, utility bill payment records and other non-traditional parameters to determine if you are creditworthy.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
The central bank has, so far, cut its repo rate by 125 bps.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Control over PSU banks is what is allowing the government to drive this scheme.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
NHAI to pay only Rs 175-200 cr as it takes over from concessionaire
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
Three stockmarket experts give their best picks for the New Year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
