India needs more banks to match the scale of the nation’s largest lender, the State Bank of India. Finance Minister Nirmala Sitharaman reiterated this last…
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Reserve Bank Of India Prepares The Market For Return To Normalcy
To use a cliché, the three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), which ended on Friday, has…
Status Quo On Policy Stance But Liquidity Sugar Rush Should End
At its last meeting, the US Federal Reserve’s rate-setting body, the Federal Open Market Committee (FOMC), opted for status quo but made it clear that…
How GOOD Is The BAD Bank
Ever since Finance Minister Nirmala Sitharaman announced a Rs30,600 crore government guarantee for the bad bank, the body language of the bankers has changed. The guarantee…
Do You See An EXISTENTIAL CRISIS For Indian BANKING SECTOR?
Indian corporations are on a deleveraging spree. The CEO of a large bank says between the last financial year and the first five months of…
NEW VISTAS For Indian BANKS
The credit deposit (CD) ratio of the Indian banking industry in the fortnight ending August 13 was 69.92. This means for every Rs100 worth of…
Come As You Are…
New generation Axis Bank has announced a charter of policies and practices for their employees and customers from the LGBTQIA+ community, christened #ComeAsYouAre. On 6 September…
Public Sector Banks & CORPORATE GOVERNANCE
Last week, Shanti Lal Jain took over as managing director and chief executive officer (MD & CEO) of the Chennai-headquartered Indian Bank. A few days…