The Indian banking system is quite fragmented at present with around 50 domestic banks - with PSBs accounting for around 70% asset share
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ICICI Bank launched a credit-linked subsidy scheme for home loans under Pradhan Mantri Awas Yojana (PMAY)
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India must prioritise clean-up of its banks' balance sheets and tackle corporate debt overhang, said Jose Vinals, Financial Counsellor at the IMF, on Thursday, while also cautioning against the risk of potential capital outflows
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The tool would enable banks to identify vulnerabilities and inconsistencies in loan portfolios through comprehensive dashboards
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Banks have so far disbursed over Rs 1.15 lakh crore under Pradhan Mantri MUDRA Yojana, Financial Services Secretary Anjuly Chib Duggal said on Tuesday
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Yes, machines will take over some part of their world, but they will also open up new ones where the banking workforce can amplify their human potential
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The outcry over Kingfisher's loan default fails to address a series of bad judgements by banks that gave money to the airline
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Currencies of China, US, Europe, UAE, Nigeria, Hong Kong and Sri Lanka found; documents being scrutinised
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