Last week, at the Mint’s 10th Annual Banking Conclave in Mumbai, one question was common for both former Reserve Bank of India (RBI) governor D….
Month: January 2017
Jaspal Bindra: Return of the Prodigal Son
On 15 January, at least 42,000 runners lined up at the starting point of the Standard Chartered Mumbai Marathon, the largest road-run event in Asia….
The great Indian home loan puzzle
In October 2003, Romesh Sobti, then executive vice-president of ABN Amro Bank (now he heads IndusInd Bank Ltd) took the Indian mortgage market by storm,…
Finance ministry, Reserve Bank and autonomy
A finance ministry statement on Saturday said that “the government fully respects the independence and autonomy of the Reserve Bank of India”. It’s very reassuring…
50 days in the life of a bank’s branch manager
This is from the diary of a branch manager of an Indian bank. He lives in the Mumbai suburbs, takes a local train to work…
For borrowers, how long will the good times last?
Banks and mortgage firms in India are in a rush to cut loan rates in the aftermath of the deluge of deposits in the past…