After heavy losses, banks focus on being capital-light, reorient business models to push growth

  The rise in bad loans and subdued corporate demand is driving banks to explore new business models, cross-sell products with more retail-oriented segments for growth. They are stepping up credit monitoring standards to lend to good quality customers. Lenders including IDBI Bank, Canara Bank, Bank of India, Union Bank of India and Federal Bank are looking at more asset or capital-light […]

Rocket net Stems Losses no matter Slower income boom

The important start–americaof international e-trade investor Rocket internet controlled to lessen their losses inside the first area, the German company said on Tuesday, despite the fact that sales boomslowed and even went into opposite at two fashionable merchandise websites. Europe’s largest internet organization stated its pinnacle 12 begin-up groups, which range from on linefashion to […]