One doesn’t need to be a soothsayer to predict that the December 5 monetary policy of the Reserve Bank of India (RBI) will be a…
Category: Articles
Where Have All The Bankers Gone?
In the last week of October, Yes Bank Ltd sent a note to stock exchanges saying the search panel looking for a successor to the bank’s MD…
Options Before The Reserve Bank Governor Urjit Patel
In Indian central bank’s 83-year history, two governors resigned before their terms ended — Sir Osborne Smith (in 1937) and Sir Benegal Rama Rau (1957)….
Prompt Corrective Action Or Slow But Steady Destruction Of Weak Banks?
The Reserve Bank of India’s (RBI) last board meeting in Mumbai continued for hours, the longest in its recent history. Much time was spent discussing…
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…
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 untold story behind IndusInd Bank-Bharat Financial merger
Seven years ago, on 11 October 2010, the Andhra Pradesh government notified an ordinance that almost killed SKS Microfinance Ltd (SKS), now known as Bharat…
50 days in the life of a bank’s branch manager
This is from the diary of a branch manager of an Indian bank. He lives in the Mumbai suburbs, takes a local train to work…