Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......
Bankers have hailed the Prime Minister's call to end "financial untouchability" and opened millions of accounts on the inaugural day itself. Prime Minister Narendra Modi on Thursday launched......
Financial inclusion is back in the limelight after Prime Minister Narendra Modi announced the launch of Pradhan Mantri Jan Dhan Yojana -- an initiative to bank the poor -- in his Independence Day......
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut. "This is......