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RBI issues draft norms for small banks, payment banks
A week after Budget announcement, the Reserve Bank on Thursday issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and businesses. The central bank also issued draft guidelines for setting up ...
Rbi Issues Draft Norms Small Banks Payment Banks

IDFC shares slump 3 per cent post Q4 results
Shares in IDFC fell 3 per cent after the company reported lower than expected net profit. The stock of the company was down 3 per cent in trade at Rs 110.85. IDFC posted a 50.9 percent decline in net profits, ...
Markets trade flat; IDFC falls post results
Markets were trading flat after opening marginally weak in trade on poor global cues. The Sensex was trading with gains of 18 points, while the Nifty was trading with gains of 6 points. Shares in IDFC fell after the company's ...
Markets Trade Flat Idfc Falls Post Results
Sensex, Nifty open flat; ICICI Bank up ahead of results
The Sensex and the Nifty opened the day flat despite worries over a weak monsoon. The Sensex was trading with losses of 14 points, while the Nifty lost 3 points in early trade. Among the early losers was Cairn India, ...
Sensex Nifty Open Flat Icici Bank Up Ahead Results
Earnings could take centre stage in trading next week
The earnings season has begun in right earnest with most of the results declared so far, having matched or beaten expectations. This week so Infosys declaring numbers that were in line with estimates, while TCS and Wipro beat expectations. Heavyweight, Reliance's ...
Some applicants may be better at differentiated banking: Rajan
Pune: Reserve Bank Governor Raghuram Rajan on Friday defended handing out just two licences out of the 25 banking applicants saying the selection panel felt that some of them were better placed to serve as differentiated banks. "We went through ...
Some Applicants May Be Better At Differentiated Banking Raj
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