The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In 2012, Akula quit as chairman of Bharat Financial Inclusion (formerly SKS Microfinance), which he'd founded and led to a successful initial public offering
Private banks and start-ups offer instant loans on apps as well as through ATMs.
While consumer electronics, technology, mobile phones, auto and sports-wear categories dominate the top 20, FMCG has only one entry in the list
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.
There's a long way to go before human beings are replaced by machines -- in banks at least.
Commercial banks have not yet reduced their lending rates.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
SBI Chairperson Arundhati Bhattacharya said any rate cut by the bank would depend on a lot many factors.
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Reliance, Birla Group, Airtel eye small finance banks.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
We hope this information can help you save and trigger more money saving ideas in your mind.
Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
