2015 Growth at Any Cost for Indian Economy

December 9, 2014

In a world struggling for growth, India stands out. Promising medium-term prospects come from an extremely low base, and a stark improvement in state-level governance. Credit Suisse economists project India to see the fastest USD nominal GDP growth in 2015, with the growth gap between India and the rest of the world expanding.

CS Views on Global Linkage, Read more

Birth of Small Finance Banks & Payment Banks in India

December 2, 2014

Small Payment Banks IndiaTo cover the continuously growing population of India by Banking services, the RBI has finalized two types of new banks – Payment banks (PB) and Small Finance Banks (SFBs) as the way forward.

PBs will provide basic set of functionality – small savings accounts with a maximum amount of INR 0.1mn per account, ATM cards Read more