Bharti Airtel to apply for payment bank

Top mobile operator Bharti Airtel on Thursday said it will apply for a payment bank licence, while private sector lender Kotak Mahindra Bank will have a 19.9 per cent stake in the proposed banking......

Gen-X banks must be tech-savvy, upbeat on rural expansion

Upcoming banks must have a modern approach to complete the task of financial inclusion. If the guidelines finalised by the Reserve Bank of India (RBI) for issuing licences for limited banking -......

Banks Made Profits of Rs 1.57 Trillion!

If the banks throw caution to the winds for building loan books, the hydra-headed bad loans may resurface and spoil the party, warns Tamal Bandyopadhyay. Kindly note the image has only been posted......

Questions raised on viability of Mor panel's banking report

The committee’s suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.The Union finance ministry......