Rajiv Kumar assumes charge as chief election commissioner

Former finance secretary Rajiv Kumar took charge as the 25th chief election commissioner (CEC) on Sunday and the first major task before him will be to hold the President and the Vice President......

Cong questions delay in FIR against ABG Shipyard in duping 28 banks

The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......

'Banking system has learnt lessons from 2008 crisis'

'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......

'Small finance banks need to build all product ranges'

'You cannot have only one product or one market or one customer segment.' Illustration: Uttam Ghosh/Rediff.com While the Reserve Bank of India (RBI) allows small finance banks (SFBs) to apply to......

Why K V Kamath calls Indian banking system the best in 50 years

'I don't think we have ever seen such alignment of everything that we need in the banking sector.' Kindly note the image has been published only for representational purposes. Photograph: Francis......

Moody's ups growth forecast to 8% for FY24

Moody's Ratings on Thursday raised India's GDP growth forecast for FY24 to around 8 per cent from 6.6 per cent on the back of strong domestic consumption and capital expenditure. Illustration:......