My last column, Are Indian banks heading for a crisis?, has evoked extreme reactions from many. The head of a large foreign bank has found…

Bad assets grew 46% in FY12, nearly three times the pace of banks’ loan books. A recent report by Credit Suisse Group AG pointed out…

There’s no quickfix to curb inflation but the govt can take several steps. India’s wholesale price inflation in July slowed to a 32-month low of…

The stock market has given a warm welcome to P. Chidambaram’s return to the finance ministry. In his first address to the media, Chidambaram announced…

After the cut in SLR, all banks should be able to cut loan rates, at least in some segments. But, this is easier said than…

A one percentage point cut in banks’ investments in government bonds, lowering the floor for such holdings from 24% to 23%, is a surprise, particularly…