Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer
We need both large banks and small niche players, so that all the needs of the economy can be served, says Rajnish Kumar, former SBI chairman
Towards the end of the calendar year, an Internal Working Group (IWG) of the RBI made a case for large corporate groups being permitted to spawn banks
The FSR has warned that while easy money is intended to support growth, it can encourage leverage, inflate asset prices and endanger financial stability
At Business Standard Unlock BFSI 2.0, some of the best minds from the SFB sector discuss the consequences of the lockdown, the urban- rural divide, capital-raising plans, and the way forward for SFBs
A snapshot of the key data on Indian banking
Leading names of India's banking industry join Tamal Bandyopadhyay at Business Standard's Unlock BFSI 2.0 to discuss the issues plaguing the sector
YES Bank faces greater asset risks than its peers, although its capitalisation, liquidity and funding have improved
The move is part of the Budget proposal, where the government has earmarked Rs 1,500 crore for the promotion of digital payments this fiscal
Shares of State Bank of India continued to rally on Friday, jumping over 11 per cent
In December last year, irked at the repeated service outages, the RBI asked the lender to temporarily halt all its digital launches as well as new sourcing of credit card customers
Minister of State for Finance Anurag Thakur informed the Rajya Sabha on Tuesday
Gross NPAs drop 236 bps to 7.46%, net NPAs down 298 bps to 2.64%
Five-member jury chooses him for consistency of performance
Here's a selection of Business Standard opinion pieces for the day
Bad bank will only kick the can down the road
The board will consider a proposal for further fundraising through various means
With the RBI red-flagging mushrooming of digital apps, the tango between banks and fintechs may be in for a big change, report Hamsini Karthik and Raghu Mohan
The potential turnaround in banking means the government does not need to act in haste, only to repent at leisure
State-controlled DFIs will have the same problems as PSBs