Many countries have kept some public banking institutions, or even had to nationalise as a result of the global financial crisis, he said.
Central bank is studying feedback from lenders
In the affordable housing space, the total loan book of new players have increased by 10% YoY to Rs 60,468 crore as on June 30
Market experts have expressed the hope that in the festive season, given the ease in restrictions spending will increase further.
The retail credit remained strong with 12% on-year growth, however the pace has decelerated from 2.6% in July to 1.2% in August on a MoM basis
The new NAV-eCash card will facilitate both online and offline transactions and is powered with dual-chip technology
Fixed deposits: Some private lenders are offering better FD rates across all tenures and also for less-than-36 months.
Capabilities like paying, saving, borrowing and investing can be done on the app and are being scaled on a daily basis
According to the Reserve Bank of India, the total number of credit cards was at 63.4 million by the end of July
Having multiple accounts may sound like a prudent financial move, but you inadvertently end up making your money matters more complex