India's push to offer banking for all stumbles on empty accounts

More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty, illustrating the massive task ahead for one of the government's most......

Little festive cheer for bank credit growth

2014 sees slowest start to festival season in at least 7 yearsFestive fervour ahead of Diwali appears to have done little to support banks’ sagging credit growth. Despite attractive interest......

Festive season fails to cheer banks this year

The festival season this year has failed to bring in good news for banks. Bankers believe consumers' reluctance to buy has made this season worse than even the previous two years, when lenders had......

Banks dole out festive offers

With credit growth at a four-year low, banks are announcing a slew of offers to woo customers this festive season. These offers aren’t restricted to lower interest rates for retail loans --......