Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

Move to set up an ARC/AMC as a proxy for bad bank and a Development Financial Institution is aimed at taking the load of risky assets from banks. It is easier said than done

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak

Instead of promoting a new social microfinance institution, the government should build on the existing and vibrant microfinance sector to cater to its envisioned need

When asked about what could be the lasting impact once things normalise after COVID-19, Sahoo said necessity is the mother of invention and that the focus is on swift response

The financial services sector is witnessing the adoption of new technologies and business model changes, albeit in different and innovative ways

Rising debt of Centre and states is set to weaken the countrys credit profile. What is the way out?

The available data shows how the sector has suffered in the past few weeks and is now trying to recover

Particularly, MFI sector hailed the move of making it available to the MFIs rated below AA. Many MFIs, she says, including Spandana, have rating of either A-minus or below that

Bandhan Bank has grown its business in microlending and now plans to use its customer reach to broad-base its credit portfolio

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

Experts in the sector expect more small finance bank licences getting issued and the sector emerging as market-driven having listed entities

The lure for people to use Jan Dhan Yojana accounts is the attached benefits, which includes no requirement to maintain any minimum balance, a RuPay debit card with overdraft of Rs 10,000 and accident insurance

The 20-day session, scheduled between November 18 and December 13, will see the introduction of 27 bills, consideration and passage of 12 Bills and withdrawal of seven

The five-year-old scheme, a pet project of the prime minister Narendra Modi, has seen a gradual increase in the average deposit per account from Rs 1,000 in March 2015 to Rs 2,853 in October 2019

The Reserve Bank of India has raised the lending cap for microfinance institutions to Rs 1.25 lakh, against the earlier limit of Rs 1 lakh, to improve credit availability in rural and semi-urban areas

The government and other lenders, including fintech firms, need to be more aggressive in MSME lending

The shortage of funds is threatening key sectors of the economy. What the government needs to do to fix it