The Interim Budget for FY25 on Thursday continued to focus on “four major castes” in India — poor, women, youth and farmers — and fulfilling…
Banking On The Budget
When it comes to banking, the Union Budget often bites off more than it can chew. For instance, in the first Budget of the century,…
Small, Big And Systemically Important Banks…
Over the last few days in December, as 2024 was approaching, there were too many phone calls and text messages. Predictably, most of them were…
P2P LENDING: Barking Up The Wrong Tree?
In July last year, I had written in this column: “Before it is too late, the RBI (Reserve Bank of India) should come down on…
Pros & Cons of Digital Loan Apps
During a visit to Kolkata in December, I decided to drop by a bar with a few old friends. A group of young men —…
Central Theme of 2024: RBI’s Fight With Inflation for Growth
The theme of a column on banking and finance that appears on January 1 is cast in stone — the New Year trends. Before that,…
222 For ‘Bank Balance Batao’ And Omnipresent ‘Digital Didi’
Ever since former Reserve Bank of India (RBI) Governor Y V Reddy coined the term in 2005, India has come a long way on the…
The Good And Not-So-Good Parts Of Indian Banking Story
In the last financial year, the combined net profits of 32 listed private and public sector banks (PSBs) had risen 40.56 per cent to close…