Bank will not focus on niche platforms focused on high-end customers, but on those that bring to it mass and mass-affluent customers
This comes after Vinod Rai, the former CAG chief, stepped down after serving on the board for a year
The lender had stated it was in talks with the regulator to explore the possibility of a merger
The lender also plans to expand its footprints across 10 states and 20 cities by the end of FY17
Lender had listed on the bourses only last year and therefore the year-on-year comparative figure isn't available
Analysts say the bank won't gain significant benefits from acquisition of the MFI
Positioning itself as a tech-savvy and innovative partner, the newly minted bank is using digital media to reach out to the urban youth
Bharat Banking tying up with states for vaious schemes and to provide microfinancing
NBFCs gear up to apply for on-tap bank licences
Q4 net declined 32% to Rs 165 crore q-o-q while Gross NPAs rose 6.2% compared with 3.09% in Dec 2015 quarter
At present, corporate loans consist 95 per cent of total credit while retail loans are just about 5 per cent