The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......
Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in......
'We are in a position to start due diligence and private data room access shortly.' IMAGE: IDBI Bank headquarter in Mumbai. Photograph: Niharika Kulkarni/Reuters The divestment of IDBI Bank is......
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets. IMAGE: Finance Minister Nirmala Sitharaman distributes halwa......
Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among......