Lenders expect robust retail credit in festive season

This expectation is based on resilient demand, government initiatives, and elections in key states. Illustration: Dominic Xavier/Rediff.com Lenders in India, comprising banks and finance......

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500......

Borrowers spoilt for choice as banks cut loan rates

Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts. Illustration: Uttam Ghosh/Rediff.com Banking giants State Bank of......

Why linking loans to external benchmark won't be easy for banks

The debate on the merits or otherwise of external benchmarks also does not answer a fundamental question raised by Viral Acharya, the former deputy governor of RBI: “The issue is - who should......