There is no surprise in the Reserve Bank of India’s (RBI) third bi-monthly policy statement on Tuesday. As expected by a wide segment of the…
Category: Blog
RBI may opt for status quo on policy rate
Driven by higher food prices, retail inflation in India accelerated to a nine-month high of 5.4% in June, from 5.01% in May, and above the…
The naked truth about PSU banks
India’s public sector banks have no place to hide—they stand in full public glare. Three large state-owned banks announced their June quarter earnings on Tuesday….
RBI at risk of losing autonomy?
At first glance, the revised draft of the Indian Financial Code released last week, 853 days after the Financial Sector Legislative Reforms Commission (FSLRC) published…
How fair are equity analysts?
Shares of Yes Bank Ltd lost more than 7% in one day in the first week of July after UBS Securities India Pvt. Ltd downgraded…
Why bond yields are high
The Reserve Bank of India (RBI) will sell up to Rs.10,000 crore worth of government bonds on Monday to drain excess liquidity from the banking…
Let banking be fun, not fear
In an interview with this newspaper last week, Rajiv Lall, vice-chairman and managing director of IDFC Bank Ltd, which is awaiting the banking regulator’s final…
Bad assets: The role of whistleblowers
HDFC Bank Ltd’s gross non-performing assets or NPAs in the March quarter dropped marginally from 1% to 0.93%. They would have remained at the same…