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Debashis Basu: Mudra Bank - new regime, old philosophy-Business Standard Debashis Basu April 5, 2015 For some strange reason, every new government wants to launch a new bank, or a major financial institution and multiple financial products. Previous...

This refers to an article published in Economic Times which reflects how corruption plays a big role in rise in stressed asses in banks. There is no doubt in it that corruption at all levels is root cause of rising stressed assets in banking system and...

High Rated Company FDs Offering Higher Interest than Bank Fixed Deposit The interest rates offered by banks on their fixed deposits have come down significantly in last few months. Most banks are offering interests in the range of 7.25% to 7.75%. This...

Source: Times of India, Oct 04, 2015 MUMBAI: A 50 basis points repo rate cut and slew of policy measures announced by the Reserve Bank in the recent monetary policy review could attract an average annual flow of Rs 48,000 crore in government bonds from...

Mumbai, Dec 17:  State Bank of India (SBI), which controls close to quarter of the financial system, today welcomed the final guidelines on marginal cost of funds-based methodology for interest rate calculation, saying with this the domestic banking...