A slowing economy is the best backdrop to distinguish between efficient and not-so-efficient banks. When the economy is booming and there’s plenty of liquidity in…
Banker’s Trust | Govt benefits most from CRR cut
A quarter percentage point cut in banks’ cash reserve ratio (CRR), or the portion of deposits that commercial banks need to keep with the central…
RBI governor Subbarao says not correct to say slowdown not a worry
Mumbai: Reserve Bank of India governor D. Subbarao said the central bank is as much worried about growth as inflation but the time is not…
Will we see a rate cut in January?
Bond yields rose and investors rushed to sell stocks, giving the thumbs down to the Reserve Bank of India (RBI) action—or the lack of it—in…
JPMorgan is not a fairweather friend, says Jamie Dimon
Mumbai: Jamie Dimon,chief executive officer of JPMorgan Chase and Co., the second-largest US bank by market value, is mightily impressed with the growth of Indian…
Banker’s Trust | Will RBI oblige the finance ministry?
It is for sure that the Reserve Bank of India (RBI) in its second quarterly policy on 30 October will pare its growth projection for…
Banker’s Trust | Caught in the gold trap
The World Gold Council (WGC), in partnership with India Post and Reliance Money Infrastructure Ltd, is celebrating this festive season by offering customers a 7%…
Banker’s Trust | Let’s have banking licence on tap
“The Reserve Bank of India (RBI) is painfully aware of the pitfalls in allowing industrial houses to float commercial banks…Does that mean that we shouldn’t…