The results for the quarter ended October to December 2016 is expected to be better for the Banks.  In the same quarter last year, banks had reported a dismal performance with an increase in the bad loans and provisioning therein, with Reserve Bank of India stressing for an Asset Revaluation.  In the third quarter, the

Demonetization has brought the players to capture the opportunity to increase their sales through association with more users, more so through a Maida’s touch in the rural areas.  The challenge is to push through the sales in the Tier II and Tier III towns unlike other digital communiques, which target the urban folks.  What is

The increase in bank deposits, after demonetisation has resulted in stepping up lending and improving their non-performing asset (NPA) ratios.  A bunch of public sector banks are looking to tap the market to increase their capital base during the first two quarters of the next financial year.  Closely following the announced follow-on public offer of

FREQUENTLY ASKED QUESTIONS What is BHIM? BHIM is biometric version of UPI (Unified Payment Intereface), USSD (Unstructured Supplementary Service Data) which is expected to minimise role of plastic cards, PoS (Point of sale) machines.  The Prime Minister on Friday   launched an Aadhaar based mobile payment application known as BHIM (Bharat Interface for Money). Precisely what

Housing, auto and corporate loans are expected to become cheaper since many Public Sector Banks on Tuesday steeply reduced the benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.   Taking a cue from the State Bank of India (SBI), other lenders including largest private sector lender ICICI Bank and state-owned