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Bankwise Details of ATMs Installed across India

We’d like to present to you the total number of ATMs installed by all the banks in India. This will be helpful for citizens who travel a lot and who may require cash. RBI also has a customer friendly...

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How Politicians Convert Black Money and Invest in India ?

It is well known fact that Indian Politicians [90%] are Corrupt and have Unaccounted money also known as Black Money. This money is Invested by Bankers bypassing rules and regulations. There are ways...

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How Gold Loans have Become a Risk to Lenders Muthoot and Manappuram ?

The recent sharp correction in gold price has raised concerns on the business models of gold loan NBFCs (Muthoot and Manappuram) with stocks falling 24-33% over the last 10 days. Among banks, South...

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New Banking License – Going Gets Tougher After RBI Clarifications

The Reserve Bank of India (RBI) has issued clarifications on ‘new bank licenses’ after receiving 443 queries. The majority of the queries pertained to holding company structure, relaxation for non bank...

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India’s RBI Policy Won’t Strengthen INR against USD – Need Strong Decisions...

India’s Central Bank, the RBI introduced two rounds of liquidity tightening measures on 15th and 23rd July, which have served to push market rates sharply higher and brought temporary stability to the...

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HDFC Bank Ready for Industrial Uptake & Economy

Mr Paresh Sukthankar, Deputy Managing Director reiterated that the bank is well positioned to exploit an investment cycle recovery – the stable funding base and capital position are key strengths....

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Open Letter to Finance Minister Jaitley on Indian Banks

Everybody knows the Indian Banking System is under severe stress and here is an open letter to Finance Minister Mr. Arun Jaitley in the Narendra Modi led Government. The Author of this letter is Mr....

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Rs 500 + Rs 1000 Currency Ban – Modi Corners Corrupt Congress Politicians /...

Discontinuing usage of either of Rs 500 or Rs 1000 notes can significantly increase the physical risks of holding black money [What we have seen is, weight of Rs 1 Crore in the form of hard cash rises...

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NHAI / REC Reduce Interest Rates on 54EC Capital Gain Tax Exemption Bonds

Keeping in mind the reducing trend in interest rates on FDs and other fixed income securities after the Demonetisation of Rs 500 and Rs 1,000 notes by the most respected Government of India, both REC...

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Economics of POS Vs ATM in India for Banks

India is still under-invested in both ATMs and POS [Credit Card Point of Sale systems]. The ATM industry, in their view, has enormous potential to grow in the medium term. This is evidenced even in...

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