The suspense over the Rs2.11 trillion recapitalisation of India’s public sector banks is over. A week ahead of the budget, the finance ministry announced that…
Month: January 2018
Long live India Post Payments Bank
A June 2016 report in Mint described India Post Payments Bank (IPPB) as the “hottest game in town”. Some 50 entities, including International Finance Corp.,…
Why Indian bankers are on overdrive to clean up books
The December Financial Stability Report of the Reserve Bank of India (RBI) suggests that the gross non-performing assets (NPAs) in the Indian banking system may…
2018: the year of bank resolution and recovery?
Globally, bankers are expected to do three things: collect deposits, give loans and invest in government bonds and other financial instruments. In India, they end…
Bank recapitalization: The mockery of MoUs and statements of intent
Public sector banks (PSBs) are “instrumentalities of the state”; managing them efficiently to promote economic development and further public interest calls for efficient public administration…
The story of ‘need-based’ capital infusion
Over the years, the government of India has been infusing “need-based” capital in public sector banks (PSBs) to enable them to maintain capital adequacy (both…
The whys and hows of public sector bank recapitalisation
Mumbai: The Indian government and the country’s central bank are at the final stage of drawing up a plan to infuse Rs2.11 trillion capital into…
2018: Year of resolution & recovery for public sector banks?
Globally, bankers are broadly expected to do three things: collect deposits, give loans, and invest in government bonds and other financial instruments. In India, they…