Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April......
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......
'For the first time ever it has come below 1 per cent, at 0.97 per cent.' Photograph: Shailesh Andrade/Reuters Canara Bank will not sacrifice margins for growth and it will be conscious about the......
P2P platforms do not have the safety net.Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal......
The Reserve Bank on Friday superseded the board of the Mumbai-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of......