K Cherian Varghese has applied for a license to set up a small finance bank at his village in Kerala's Kottayam district.

Action against him comes close on the heels of the government suspending ONGC's Director Shashi Shankar over alleged irregularities in an u...

RBI has received as many as 72 applications for ‘small finance banks’ and 42 applications for ‘payments banks’ — entities that are aimed at...

Succession planning is something that investors keep an eye on to assess management competency and preparedness to deliver future returns.

RBI's comment comes less than a month after SBI, shocked investors with a 99% plunge in net profit for the fourth quarter of fiscal 2011.

Local banks with a well-developed internal rating system in place, will be better placed to migrate to the new internal rating-based approa...

Legal reforms are underway which could unlock bank funds tied up as cash and low-yielding government bonds. And, who knows, it could be a s...

Banks have been given greater freedom to give unsecured loans, but they would need to make higher provisions once such loans turn sticky.

Taking cue from the 0.25 per cent bank rate cut by Reserve Bank of India, banks are working to realign their interest rates downward.