Cabinet allows automatic FDI route for white label ATMs

The Cabinet on Wednesday permitted 100 per cent foreign direct investment (FDI) under the automatic route for white label ATM operations, a move that is aimed at promoting financial inclusion.......

Who Will Admit To Committing Fraud?

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......

Read this before you invest in non-convertible debentures!

For the wealthy, post-tax returns of debt funds would work out better Investors are lapping up non-convertible debentures (NCDs) as interest rates are expected to decline in the future. Within two......

Indian companies apply for banking licences: The complete list

The Reserve Bank of India said on Monday it had received 26 applications for new bank licences, with Tata Sons Ltd, the holding company for India's largest conglomerate, among those seeking to set......