Active banking funds fail to capitalise on PSU rally: Value Research data

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic......

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans......

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank’s net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards......

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......