Going by Reserve Bank of India (RBI) governor D. Subbarao’s track record, the quarterly monetary policy review on Tuesday represents a giant leap of faith…
RBI to cut rate by 25 bps for sure, CRR cut uncertain
Every bond dealer and his dog expects the Reserve Bank of India (RBI) to cut its policy rate when it announces the quarterly review of…
Be cautious, no need to change stance on bank licence
In September 2010, two years after the collapse of US investment bank Lehman Brothers Holdings Inc. that triggered an unprecedented credit crunch globally, the International…
Kingfisher Airlines: the beginning of the endgame?
One day in the last week of December, Vijay Mallya , the flamboyant chairman of the UB Group, met bankers at a south Mumbai hotel….
How UK, US fill up central bank posts
In September, the Bank of England advertised in all leading newspapers and periodicals in the UK and overseas, looking for the right candidate to succeed…
2012: The year that wasn’t for the banking industry
The high point of 2012 was Indian central bank’s resounding victory over inflation. After a three-year dogged fight, the Reserve Bank of India (RBI) was…
New bank licences: Waiting for Godot
Finance minister P. Chidambaram has kept his word. He has pushed through an amendment to banking laws in Parliament to strengthen regulatory powers of the…
SME segment will be India’s growth engine: Roopa Kudva
Crisil Ltd,India’s oldest rating agency, doesn’t call itself a rating agency any more. Its chief executive and managing director Roopa Kudva prefers to call Crisil…