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Technology and a cautious approach are helping HDFC Bank

The bank has been using the developments in the digital world to streamline operations. It has been investing a lot in data warehousing, social media linkages, data analytics and mobile-based innovations.

Jet Airways posts record quarterly profit at Rs 467 crore

For the second-largest airline, this is the third consecutive quarter of profits and a record in recent years. The carrier said the robust numbers further validate its turnaround plan, which was unveiled after its part equity sale to the UAE carrier Etihad in 2013.

Banking industry may overhaul due to payments banks

Payments banks will penetrate the remotest villages - possibly with a lot of help from the mobile phone. Their success will depend on how they approach the market and their value propositions.

IMF chief Christine Lagarde

"The IMF is quite bullish about India, and our forecast for 2016, 2017 is 7.5 per cent growth," IMF chief Christine Lagarde said in response to a question at the University of Maryland on Friday.

A long Road Ahead

In the past four years, the gross NPAs of banks have climbed up from 2.36 per cent to 4.3 per cent of total assets to Rs 3,23,344 crore.

Mon Feb 08 07:18:05 IST 2016
 

From The Magazine

Rana Kapoor, MD & CEO, Yes Bank (Photo: Rachit Goswami)

Till recently, it was focusing on the corporate and commercial lending side of the business that has seen it rake up a balance sheet size of Rs 1.36 lakh crore in merely 11 years of operations.

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