Bond prices rallied, bank stocks rose and rupee appreciated on Friday, cheering the Reserve Bank of India’s (RBI’s) October monetary policy. The Monetary Policy Committee…
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The Task Before New State Bank Boss
Rajnish Kumar moved into the corner room at India’s largest lender on 7 October 2017 with a broom. In the next three quarters, the State Bank of India…
No Rate Cut, All Eyes On Reserve Bank’s 2021 GDP Projection
Early September, when the National Statistical Office announced that India’s gross domestic product (GDP) for the first quarter of the current fiscal year had contracted…
For Resereve Bank Of India, Bank Compliance Officers Are No Cleopatra
Given a choice, the prospective chief compliance officers (CCOs) of the Indian banking system would love to hear the Reserve Bank of India (RBI) describe…
Turning BANKING On Its Head
A string of public interest litigations entertained by India’s highest court on waiver of interest on interest or compounding interest on loans during the six-month…
LIFE After MORATORIUM: For Banks And Borrowers
In the last week of March, the Reserve Bank of India (RBI) had asked all lending institutions to offer a three-month moratorium to their borrowers,…
Credit Growth: Are We Barking Up Wrong Tree?
India’s banking regulator is upset with the extreme risk aversion of commercial banks, which are holding back the flow of credit to the productive sectors…
Can The Reserve Bank Of India Talk The Bond Yield Down?
In an interview with a TV channel last Friday, Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s commitment to growth and…