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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.

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.

RBL Bank has broken quite a few records over the past five years.

The bank is looking to grow 10 per cent above the industry average. "Our investors expect it," says Managing Director and CEO Vishwavir Ahuja who has managed to transform the erstwhile Ratnakar Bank into the country's fastest-growing small bank.

Sat Feb 06 16:53:05 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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