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Fixed Deposits from 100 New Banks in the Next 5 years

Fixed DepositThe new rule from RBI could change the face of banking in India. The new guidelines will look to pave the way for small finance and payment banks. If the consumer takes a liking for these small players then it will not be too late before the big monolithic banks start feeling the heat. The current standards of banking seem to be only in the dreams for the take it for granted attitude public sector banks, almost nil or low profit target banks, and self-appraising private sector banks who feel they are the best. In fact most banks feel they are...
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