Accelerating economic growth, disposable incomes key to banks’ deposit mobilisation
Accelerating the rate of growth of the economy and disposable incomes holds the key to higher deposit mobilisation by the banking system, says an RBI paper. The […]
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‘It’s not the best time to increase allocation to mid and small caps’
ITI Asset Management has joined India’s already crowded mutual fund space with the launch of two schemes—ITI Liquid Fund and ITI Multicap Fund. The AMC […]
Scotland moves closer to first stock exchange in 50 years
Plans to launch the first stock exchange in Scotland for nearly 50 years are gathering pace, with the appointment of a chair expected imminently and deals struck […]
Life insurance: 5 ways to raise growth momentum of insurance industry
Life insurance: 5 ways to raise growth momentum of insurance industry The current market, regulatory and legislative structures offer little head room to the insurance […]
Here’s how one company is helping small banks to ensure Digital Payment interoperability
Historically, rural India used to suffer from a severe deficiency in power and connectivity infrastructure, shortage of skilled workforce and paucity of funds for investment […]
RBI plans guidelines for fintech firms to test services before rollout
New Delhi: The Reserve Bank of India (RBI) will issue guidelines within two months for fintech companies to test their new products on a small group […]
Canara Bank to raise $400 million through bonds
New Delhi: State-owned Canara BankNSE -1.61 % Friday said it has launched a bond issuance programme through its London branch to raise up to USD 400 million […]
RBI likely to change disclosure norms for bonds
MUMBAI: The Reserve Bank of India (RBI) is likely to ease disclosure rules on the transfer of various categories of state government bonds held by high-street lenders, […]
Sensex Jumps Over 300 Points, Nifty Above 11,450: 10 Things To Know
Top advancers on the 50-scrip index were Kotak Mahindra Bank, ZEEL, Indian Oil, Power Grid and TCS. Domestic stock markets started Friday’s session on a […]
Banks in no hurry to link repo with interest rates
Public sector banks are in no hurry to follow big brother SBINSE -0.10 % in linking their deposit and lending rates to the RBI’s repo rate, which may […]