By January 2016, anywhere in India, one would need to walk just 15 minutes to access a kiosk to deposit or withdraw cash of any…
Category: Blog
New Year resolutions never made
Following are the New Year resolutions never made by commercial bankers, regulators and other finance professionals in 2014: Usha Ananthasubramanian, chairman and managing director, Bharatiya…
We will see additions to NPAs and restructured assets: Chanda Kochhar
Mumbai: C handa Kochhar, managing director and chief executive of India’s largest private lender, ICICI Bank Ltd, says it might take a year to kick-start…
2014: Banking in India will change—body and soul
To use a cliché, there will be a tectonic shift in the Indian banking landscape in 2014. Both the body and the soul of the…
How to tackle the pile of bad loans
Now that the Reserve Bank of India (RBI) is pushing for an early recognition of financial distress and prompt steps for resolution and recovery of…
Raghuram Rajan takes a calculated gamble by not hiking rates
The Reserve Bank of India (RBI) on Wednesday chose to keep its key policy rates unchanged despite the fact that retail inflation in November accelerated…
PSU banks: who will stem the rot?
India’s central bank is increasingly getting worried about the rising bad assets of public sector banks, which roughly account for three-fourths of the assets in…
Why many in SKS love to hate founder Vikram Akula
Mumbai: SKS Microfinance Ltd’s annual general meeting (AGM) in Mumbai on Tuesday was a largely tame affair with SKS Trust Advisors Pvt. Ltd (STAPL), the…