India’s roughly Rs.10 trillion mortgage market is witnessing a quiet revolution. Even though it has been growing at around 18-19% every year, the size of…
Month: August 2016
Some banks are still in hell. Some are back
The dominant theme of conversation among banking sector analysts these days is whether the worst is over for India’s state-owned banks that roughly has 70%…
No one wants to see zombie banks in India
Five of the seven government-owned banks that announced their earnings last Friday reported losses in the June quarter, while profits of the other two dropped…
Raghuram Rajan is not done, yet
That the Reserve Bank of India (RBI) would not cut its policy rate in the August bi-monthly review was almost a given. To that extent,…
Markets looking beyond Raghuram Rajan, August policy
The markets seem to be quite happy with the move by the Reserve Bank of India (RBI) to put licences for universal banks on tap—probably…
Banks are ill, long live NBFCs
Shares of Bharat Financial Inclusion Ltd, earlier known as SKS Microfinance Ltd, on Friday closed at Rs.909.20—inching closer to the price at which retail investors…