The State Bank of India is cutting its base rate down by 0.15%, finally. Their new base rate is 9.85%. The base rate is the rate at which all bank loans are ...
RBI has decided to haul banks up on frauds. Banks are now required to provision the entire amount due to the bank if it is discovered that there is a fraud, ...
JP Morgan will buy Canaan Partners’ portfolio in India, says the Economic Times. Canaan is a VC fund that decided to shut down India operations, where ...
The list of applications for Payment and Small banks has been released. And interesting among them are: Public Companies Dewan Housing Finance (Small bank) ...
Bank employment is getting disrupted by technology. As transactions get primarily enabled on cards and mobile (at least in cities) you find that that bank ...
It’s official. Based on data released by the RBI, HDFC Bank has had the most number of customer electronic transactions in RTGS this FY 2015, as well as the ...
You know what’s scary? This statistic: Home loans are the second largest sector for bank lending in the last year, after large industry, in all non-agri ...
We look at the statistics put forth by the RBI on sectorial deployment of Bank Credit. This gives us an idea of all the different industries that commercial ...
Looking at RBI’s report on Aggregate Deposits and Credit of Scheduled Commercial Banks, we bring to you an analysis of state-level credit and deposits for ...
