India’s banking sector is celebrating a new milestone—its deposit portfolio crossed Rs100 trillion on 30 September. It has been a long wait. The collective deposit…
Month: October 2016
How many payments banks will come up finally?
Both payments banks and small finance banks, two new beasts on India’s banking turf, will be required to maintain a capital adequacy ratio (CAR) of…
The importance of being Arundhati Bhattacharya
On 1 October, State Bank of India (SBI) chief Arundhati Bhattacharya’s tenure was extended by one more year, the announcement coming five days ahead of…
No more RBI rate cuts till March?
A quarter percentage point cut in the Reserve Bank of India (RBI)’s policy rate was not unexpected (although the market was vertically divided, a few,…
RBI monetary policy: Will there be an interest rate cut?
On Tuesday, a group of five men and one woman will decide whether the Reserve Bank of India (RBI) should cut its policy rate—a decision…