On 17 February, Sunil Mehta, a former country head of AIG in India, and T.C.A. Ranganathan, former chairman-cum-managing director of Exim Bank, were appointed non-executive…
Month: February 2017
Four state-owned banks to watch out for
Listed Indian banks’ gross bad loans crossed Rs7 trillion in the December quarter. This is no nasty surprise. In fact, the December Financial Stability Report…
Banks’ bad loan growth slowing but the last word can’t be said as yet
Everybody is keen to know how India’s banks have been doing. Is the worst behind them in terms of rise in bad assets? Are they…
RBI signals end of rate cut cycle
The lack of action in the Reserve Bank of India’s (RBI) sixth bimonthly monetary policy on Wednesday is no surprise; an ounce of surprise is…
Big challenges before small finance banks
Ujjivan Small Finance Bank Ltd, the fifth such bank in India and the largest among the five in terms of their small loan portfolio, will…
An RBI rate cut at next week’s monetary policy review isn’t a given
The yield on the benchmark 10-year bond rose to 6.43% on Wednesday, from its previous close of 6.407%. While the finance minister was making the…