RBI directs banks to launch campaign for opening at least one bank account for one family in every village
Euro's weakness against dollar on persistent euro zone worries pressurises Indian currency
Bank to expand its offerings to wealth management, corporate banking and foreign exchange
Staff submissions show clients may have disowned initially authorised transactions after losses
Difficulty in finding the right deals is making funds go back to familiar names
Increased capital outflows and strong demand from importers for the dollar pull down the rupee further
Old king cash may have to take a bow. Plastic credit may find itself redundant. And 40 per cent of people who do not have bank accounts could leapfrog into the banking space. With mobile wallets, that's the change they are gunning for
Banks' deposit growth plummets as a result, worrying RBI