Except for one, all banks had made profits in FY2022. The combined net profit of the listed banks, at Rs1.57 trillion, was at its historic…

In the hustle and bustle over what’s happening in the digital lending space, not too many of us are probably aware of the ground realities…

As we celebrate the 75th anniversary of Independence, let’s take a look at how the banking sector has evolved in India since 1947. There were…

Indian central bank’s rate setting body, the Monetary Policy Committee (MPC), at its next meeting in the last week of September will once again raise…

A July 17 report by Hyun Song Shin, economic adviser and head of research, Bank for International Settlements, titled “Inflation and the path of soft…

This is an apocryphal story. Many moons ago, King Canute ruled England. His admirers and courtiers often flattered him saying, “Even nature recognises your greatness….

In a recent interview with this newspaper, Finance Minister Nirmala Sitharaman compared privatisation of banks and insurance companies with Rath Yatra. “So much effort goes…

Mr Pradeep Kukreja is all smiles these days. His bank has raised its deposit rates. Kukreja’s two-year fixed deposit matured last week. Instead of redeeming…