Swati Kulkarni, executive vice-president and fund manager - equities at UTI Mutual Fund tells Puneet Wadhwa that though mid-and small-cap companies are trading at a higher valuation as compared to large-cap peers, one can still find value in select pockets.
This comes at a time when competition has increased significantly.
Kotak Mahindra Bank on Thursday said it planned to expand its network to about 75 branches in three years.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
India's working population relies heavily on cash deposits and a second home to generate post -retirement income, according to an HSBC report.
There are perks for banking with the newest bank in India.
Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap
It had entered the segment by pumping in over $290 million.
Other private banks also planning to employ bots soon
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
Axis Bank launches Ping Pay to enable fund transfer across various platforms
India is seen as a good destination to relocate to as expat parents enjoy greater opportunities to make significant financial savings.
Sarvjit Singh Samra's Capital Local Area Bank offers attractive features.
Wipro may not see good growth in APAC regions in ensuing quarters.
Bandhan Financial Services, which was given a banking licence on Wednesday, hopes to come up with a unique business model, with a mix of doorstep and retail banking.
The e-commerce marketplace is like an information intermediary these days.
According to the annual HSBC 'Value of Education Learning for Life' report, India has the world's highest proportion of parents (88 per cent) who are willing to send their children abroad for higher studies, ahead of Turkey (83 per cent), Malaysia and China (82 per cent each).
All shares held by SBI in the five associate banks will stand cancelled after merger.
This licence will further enhance the niche role Doha Bank is playing and facilitating the movement of trade between Qatar and India.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
The discussion paper is released at a time when the central bank is sifting through 26 applications seeking an entry into the fray.
Conducted by research firm IDC, the study titled 'Understanding the Indian Retail Banking Customer' says push marketing is fast becoming obsolete and the thrust should be on creating brand advocates.
While existing base rates and loans linked to it will continue, new loans will be linked to the MCLR, which is likely to be lower
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
The festive season starts from August and last till December.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
For non-callable deposits above Rs 1 crore, the interest rate is only five basis points more than the regular FD.
Experts say lending rates won't come down significantly,as banks are grappling with NPAs
'The Street is divided on when we could recover from demonetisation.' 'The government believes it is a pain at best for two quarters.' 'Some analysts feel the impact could be felt for two-three quarters and some that it could last for 12 to 15 months.' 'Investors are stuck in a no-action zone.'
At other bank ATMs, the customers of these banks will be charged beyond three transactions.
Taxi booking, shopping and transfer of money will be easy.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
Bankers say loan demand was more muted this festival season than last year.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
TCS is confident of bringing in industry-leading numbers, despite soft third quarter results
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
PS banks need to pull up their socks to improve cash flows.
Move comes after the country's monetary authority tightened credit norms
'With technology advancing rapidly, the need for branches is declining.'
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