Questions raised on viability of Mor panel's banking report

The committee’s suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.The Union finance ministry......

FinMin list ready for CMDs, EDs at 11 banks

M V Tanksale of Punjab National Bank may head Punjab & Sind Bank and R M Malla of the Small Industries Development Bank of India may take charge at IDBI Bank if the Central Vigilance Commission and......

Fed cut may prod RBI to soften interest rates

Bankers expect the Reserve Bank of India to soften its view on interest rates in the light of the US Federal rate cut. Domestic loans and overseas borrowing may become cheaper. The Indian financial......