With GDP down by 2 per cent, and with 99 per cent of banned notes making their way back into the banking system, whom did demonetisation benefit? Rediff.com's Utkarsh Mishra explains. What was......
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......
Investor confidence in unlisted shares was shaken after recent developments that saw online drugstore PharmEasy issuing new shares in a rights issue at a 90 per cent discount to its previous......
Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd......
However, despite the reduction, their interest rates would be about 50-100 basis points higher than those of banks. Illustration: Uttam Ghosh/Rediff.com Small finance banks, which have been defying......
It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). Illustration: Dominic Xavier/Rediff.com After a busy......
IMAGE: India's boxing campaign came to a medal-less end after Tokyo edition bronze-winner Lovlina Borgohain (75kg) bowed out in quarterfinals. Photograph: Peter Cziborra/Reuters Like any Indian......
IMAGE: Anwar Ali was handed a four-month ban by All India Football Federation (AIFF) in early September. Photograph: Kind Courtesy Anwar Ali/Instagram Former captain Sunil Chhetri on Thursday......