For the treasury managers in Indian banks, fiscal year 2018 has been a nightmare. The next fiscal year, which starts next week, could be a…
Month: March 2018
Just two things can fix public sector banks’ problems
Sometime in late 2017, billionaire diamantaire Nirav Modi walked into the office of the chief executive officer (CEO) and managing director of a large Indian…
Public sector banks stare at mounting losses, capital erosion
Between 26 October, a day after the government announced a Rs2.11 trillion capital infusion into public sector banks (PSBs), and 8 March, shareholders of these…
How to break the banker-promoter nexus
You must have seen the popular TV advertisement campaign for a men’s deodorant brand where different sets of people casually ask each other, “kya chal…