Almost three years after the Indian government announced its intention to open up the banking sector for a new set of private banks to expand…
Month: February 2013
Very little room for populist measures
Mumbai: In many ways, Thursday’s national budget—independent India’s 82nd—will be the toughest for finance minister P. Chidambaram, as he will be presenting it with one…
Asset-liability mismatches next big worry for banks
India’s private banks, by and large, have been able to contain their bad assets, but there is no let up in the growth of bad…
Policy paralysis at Reserve Bank of India?
Afzal Guru,convicted in the 2001 Parliament attack case, was hanged in Tihar Jail on Saturday, less than a week after India’s President Pranab Mukherjee rejected…
We’ll grow a little faster than industry: ICICI’s Kochhar
Mumbai: Chanda Kochhar took over as managing director and chief executive officer of India’s largest private lender ICICI Bank Ltd in May 2009 amid rising…
SKS Microfinance: The inside story
Mumbai: India’s lone listed microfiance company SKS Microfinance Ltd has seen a 91% erosion of its share value from its peak on 28 September 2010…
Security bond
They are as different as birds and bats. Peek at their plates at any family function and you’ll know. She helps herself to rice, fish…
In Mamata’s Bengal, an industrialist can get land for a song—literally
Cyrus Mistry, Mukesh Ambani, Kumar Mangalam Birla,Anand Mahindra and their peers in Mumbai let out a collective sigh of relief when they heard that West…