This decline in asset quality would be led by public sector banks, who would have 17.6% of their assets non-performing.
BOOM highlights the top 10 claims factchecked during 2020, in a year that was nothing short of extraordinary.
WhatsApp's Payments is finally live, a month after it got its long-awaited approval from RBI.
Data show that year to date, Bitcoin has gained nearly 170% and more than 400% since yearly lows in March
Despite reducing by 7.5%, India's GDP has improved than the first quarter when it had contracted by a record 23.9%.
The Indian economy has declined for a second straight quarter as it limps back to normalcy from the COVID-19 disruptions
It is unlikely that Indian business houses and conglomerates will rush to set up banks given the highly regulated nature ...
Raghuram Rajan and Viral Acharya have opposed the entry of corporates in banking, as suggested internally by the RBI
Your deposits are insured up to ₹5 lakhs by the DICGC, and this should help you plan diversifying your deposits safely.
BOOM finds that Lakshmi Vilas Bank is at least the 12th such bank that has witnessed a moratorium by the RBI since 1999
India's banking and regulatory system is in good condition despite Lakshmi Vilas Bank (LVB) going under moratorium,...
Despite signs of things returning to normalcy, experts believe that the road to economic recovery will be a long and...