Ramakant Jha, 69, managing director and group chief executive officer of Gujarat International Finance Tec-City Co. Ltd—popularly known as Gift City—is a happy man. In…
Category: Blog
Six things to watch out for in 2015
One: Every man and his dog knows that the interest rate in India will come down but the question is when and by how much?…
2014, the year in review | Ten reasons to remember the past year
Over a million employees in the banking sector and its consumers, roughly one-third of the nation’s adult population, will remember 2014 for the following reasons:…
New Year resolutions never made
Typically the last Banker’s Trust column every year is a fun piece on New Year resolutions never made by bankers and finance professionals. This year…
Global banks’ local woes in India
Addressing the press after the Reserve Bank of India’s (RBI) board meeting in Kolkata early this month, governor Raghuram Rajan said the federal government has…
Will RBI’s Raghuram Rajan go for another round of rate hike this week?
Retail inflation accelerated to 11.24% in November, faster than what most analysts had estimated, and the highest ever since this series of inflation data was…
India Post best bet for financial inclusion
The Reserve Bank of India (RBI) wants to expand banks’ footprint in Asia’s third largest economy where roughly two out of three adults don’t have…
Vikram Akula makes a comeback, wants to set up a small bank
Vikram Akula, once the poster boy of the Indian microfinance industry, is back in business. Akula, the ousted founder chairman of SKS Microfinance Ltd, India’s…