'Small finance banks need to build all product ranges'

'You cannot have only one product or one market or one customer segment.' Illustration: Uttam Ghosh/Rediff.com While the Reserve Bank of India (RBI) allows small finance banks (SFBs) to apply to......

Demonetisation woes drag on for small finance banks

Microfinance portfolio of SFBs saw a muted growth of about 3% last year Created with a vision of deepening financial inclusion, most small finance banks (SFBs) closed last financial year with a......

Small finance banks to woo depositors with better rates

These banks need to build a significant deposit base to start full-fledged banking. With a number of small finance banks expected to start operations in the next six months, small savers are likely......

Adani Ports to enter Sensex from June 24; Wipro to move out

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

EXPOSED! FIFA scandal stinks up the Caribbean

‘There is a Jack Warner or two in every Caribbean parliament today’ Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters......