Apart from easing the NPA pressure on domestic banks, the RBI’s move can allow companies to raise cheap, long-term loans easily now. Illustration: Uttam Ghosh/Rediff.com The Reserve Bank of......
Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?Anup Roy finds out. Illustration: Uttam Ghosh/Rediff.com The proposed Financial Resolution and Deposit Insurance......
The interest offered is mostly 0.5 to 1 per cent more than what other banks offer. Moreover, customer service and long-term association spanning generations are also other reasons for the......
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not......
Prime Minister Narendra Modi resorted to a rarely-used executive decree on Wednesday to implement coal and insurance reforms, displaying his resolve to revamp Asia's third-largest economy despite......