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Do Banks Count their Numbers?

KYC is a mandatory database required while opening a bank account. PAN and Aadhaar are the two most important elements. However, banks have been projecting only ‘number of bank accounts’ in their publicity campaigns. The increases in these numbers are projected as the banks’ progress in reaching out to the people.

Kerala floods threaten to drown banking

Nature’s fury has destroyed Kerala’s wealth substantially, both financially and physically. Assets, more particularly private assets, built over the years have been wiped out. Banking business has suffered irreparable losses. The banking network in Kerala is quite wide-spread having 6281 branches. Public and private sector banks abound. Kerala Gramin Bank that

Profitability: A decade of decay

Litigation is a long-drawn process dampening the profitability of banks. For years to come, PSU banks may not be able to present strong balance sheets. The banking sector in India has experienced an unprecedented decay of its loan assets during the decade FY2008 to FY2018. The continuous rise in the gross

Mergers: Do we need bigger banks?

Government of India is considering the merger least four public sector banks: Bank of Baroda, IDBI Bank, Oriental Bank of Commerce and Central Bank of India. The combined loss of these famous four is Rs.21,646 crore. IDBI Bank alone accounts for 38 per cent of the losses. Oriental Bank of Commerce

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