'It is human nature to get angry and annoyed when you are inconvenienced.' 'But we were able to enroll a few of our customers as 'bank mitras', who with my staff made sure that the queues were orderly and coupons were given to all the customers who wanted to withdraw or deposit money.'
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Bandhan Bank is the first bank to be launched in eastern India post Independence.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Chary also says some government officials have played an important role in favouring organisations that MCX competes with.
'The experience so far is a shocking example of how critical scheme of national importance can be brought into disrepute by inefficient and badly designed implementation,' says Dr Madhav Godbole, the former Union home secretary.
'I want to leave behind the bank stronger and better than when I took over.'
Sesnsex ended the day flat on heavy selling pressure.
The largest private sector lender is also looking to open a full-fledged branch in China, where it already has a representative office, managing director and CEO, Chanda Kochhar said during the bank's 19th annual general meeting in Vadodara.
Lack of political consensus on economic reforms a key concern.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
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.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
FY17 GDP growth faces cash crunch heat
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
Former Board of Control for Cricket in India president and eminent lawyer Shashank Manohar was engaged in a proxy war of words with BCCI secretary Sanjay Patel over Tamil Nadu strongman N Srinivasan clinging to the hot seat in the world's richest cricket body.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
Electronic transactions are rising fast, so are cases of payment failure and delayed settlement. One needs to be proactive.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
To manage anxious crowds, as many as 3,400 personnel of paramilitary and Delhi Police along with 200 quick reaction teams have been deployed at ATMs and banks.
M Muneer recommends segmenting the population on the basis of their propensity to embrace new technologies is the key to driving digitisation.
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
When does it make sense and when does it not?
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
Arun Jaitley had a tough fiscal hill to climb.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
