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E-shopping to mobile recharges, Indian banks have a wealth of data to check creditworthiness

Data can show how people handle their financial obligations and discipline.
IMF’s recommendations to India to stave off “significant economic slowdown”

IMF’s recommendations to India to stave off “significant economic slowdown”

"Most high-frequency indicators suggest that weak economic activity has continued into December."
Why has YES Bank’s share price halved in a month?

Why has YES Bank’s share price halved in a month?

Trouble began in September when RBI asked Rana Kapoor to step down.
Why opening new branches is no longer a priority for Indian banks

Why opening new branches is no longer a priority for Indian banks

For now, the focus is on trimming bad loans and going digital.
India’s banks may still be unprepared for another PNB-like mega scam

India’s banks may still be unprepared for another PNB-like mega scam

The technology-based vulnerabilities remain unpatched.
India’s central bank finally toes the line, pays $4 billion advance to government

India’s central bank finally toes the line, pays $4 billion advance to government

The money will help the government fund its pre-poll sops.
One of India’s most celebrated woman bankers is booked in a $242 million fraud case

One of India’s most celebrated woman bankers is booked in a $242 million fraud case

The nepotism scandal at India’s ICICI Bank, which brought to pass the downfall of its celebrated former chieftain Chanda Kochhar, just got murkier. Not only…
Why the first outsider CEO is good news for YES Bank

Why the first outsider CEO is good news for YES Bank

At the corner offices of India’s largest private banks, 2018 was a year of whooping churn. And the ferment has yet to settle even in…
Ten events that rocked India’s banking industry in 2018

Ten events that rocked India’s banking industry in 2018

When the over 150-year-old US investment bank Lehman Brothers went bust in September 2008, it sparked a global financial crisis and a gradual erosion of…
Why Asia’s richest banker is dragging India’s central bank to court

Why Asia’s richest banker is dragging India’s central bank to court

A dispute between Kotak Mahindra Bank (KMB), India’s fourth largest lender by assets, and the country’s banking regulator has reached the courts. The Reserve Bank…
Fake banking apps are putting customers at risk in India

Fake banking apps are putting customers at risk in India

Adoption of digital banking has been frantically increasing in India and so have instances of fraud. The latest threat to come to light is the…
India’s top bankers would want 2018 to end. Now

India’s top bankers would want 2018 to end. Now

It has been a tumultuous year for Indian banking chieftains. On Oct. 04, Chanda Kochhar made an unceremonious exit as CEO of ICICI Bank, the…