In early March, addressing the Fixed Income Money Market and Derivatives Association of India-Primary Dealers Association of India annual conference, Reserve Bank of India (RBI)…
Month: March 2014
How to grow the bad loan market
Saddled with a pile of bad assets, the nation’s largest lender State Bank of India (SBI) is auctioning around Rs.4,000 crore of its Rs.67,799 crore…
How many new banks will get RBI’s nod?
The Reserve Bank of India (RBI) seems ready to issue in-principle licences to a third set of new banks in the world’s tenth largest economy…
PSU banks: Will the new govt privatize?
The banking community is closely watching the Bharatiya Janata Party’s (BJP’s) stance on privatization. A conservative estimate of the capital requirement of India’s banks is…
WPI inflation at 9-month low, but irrelevant from RBI policy perspective
The February wholesale price inflation (WPI) figure has dropped to 4.68% from 5.05% in January. It is much below the consensus estimate of 4.9% and…
Is Sahara India’s Swiss bank?
The Supreme Court on Friday rejected the Sahara group’s proposal to repay money to its bond investors, and directed it to submit a fresh plan…
What next for Sahara’s Subrata Roy?
Mumbai: On 20 June 2008, three days after India’s banking regulator released its directions for shutting down Sahara India Finance Corp. Ltd (SIFCL), Sahara India…
What ails State Bank of India?
For the past one year, the State Bank of India (SBI) has been showing a drop in both operating as well as net profits in…