Gopika Gopakumar

The agreement was struck at the time a consortium of Centrum Financial Services Ltd and BharatPe acquired the small finance bank licence.

India has to unleash its animal spirits. But the private investment cycle has been slow—bulk of the heavy lifting, when it comes to investments, came from the government in recent years. What's wrong? And what can be done? Financial services veteran Uday Kotak has some answers.

Mumbai, Jan. 6 -- Most successful businessmen don't retire. They continue to build, helping other companies. But few reflect upon what it takes to build a great nation.

SBI is the banking lifeline for one in every three Indians. With that kind of customer base, it isn’t easy to keep every customer happy all of the time. But Setty intends to try.

BharatPe's journey towards profitability and its IPO ambitions are heating up as it resolves past conflicts and explores new business avenues.

Mumbai, Jan. 16 -- Tight liquidity will not bind the Reserve Bank of India's (RBI) hands in intervening to curb excessive rupee volatility in the forex market, said a senior official aware of the thinking at the central bank.

Mumbai, Jan. 16 -- Tight liquidity will not bind the Reserve Bank of India's (RBI) hands in intervening to curb excessive rupee volatility in the

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely.

The central bank eased rules in a move aimed at internationalization of the local currency.

Mumbai, Jan. 17 -- Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorised dealer banks and