IIFL MF launches India's first tax-saver index fund
Index ELSS will provide investors with the dual advantage of earning passive returns from equity as well as availing 80C benefits on investments up to Rs 1,50,000.
banking sector
December 2022
November 2022
February 2022
August 2021
July 2021
March 2021
February 2021
India’s bank credit to grow 13% in FY23: Fitch
Bank lending will be driven by the economic recovery and high nominal GDP growth, which are expected to boost demand for retail and working-capital loans
India's banking sector in best of health in decades, says India Ratings
Asset quality in the retail and micro, small and medium (MSME) segments are most impacted due to the pandemic, Ind-Ra estimates show.
Banking sector’s silent battle
RBI’s governance circular which also limits the tenure of bank CEOs has bank chiefs in a spin. What are the implications of this silent tussle?
Nikhil Kamath on why banks don’t attract money
As the Reserve Bank of India has kept key rates unchanged, fixed deposit rates at banks are at a historic low. As a result, banks have lost their power to attract money, says Zerodha’s Nikhil Kamath.
The importance of foreign banks during downturns
Several studies have shown that foreign banks play a positive economic role, especially in emerging markets, by increasing local banks’ efficiency. India is no exception.
Powered by text, Route Mobile soars
Route Mobile, a cloud communications platform for enterprises, has had a dream run on the bourses since its listing last year. At the core of this success is the humble text message.
Has Covid-19 made PSBs more vulnerable?
While Indian banks' improved financial metrics do not fully reflect the impact of the Covid-19 pandemic, the under–capitalised PSBs are likely to remain risk averse and lose market share.
The ‘new normal’ for financial services
According to a Capgemini Research Institute survey, while the pandemic propelled digital adoption, physical channels continue to remain significant for financial services consumers.
RBI pushes growth, focusses on liquidity management
At its first monetary policy review for 2021, the central bank kept key rates unchanged, while announcing several measures to manage liquidity.
