The stock market has given a warm welcome to P. Chidambaram’s return to the finance ministry. In his first address to the media, Chidambaram announced…
Rising NPAs banks biggest worry
After the cut in SLR, all banks should be able to cut loan rates, at least in some segments. But, this is easier said than…
Don’t read too much into feel-good SLR cut
A one percentage point cut in banks’ investments in government bonds, lowering the floor for such holdings from 24% to 23%, is a surprise, particularly…
RBI unlikely to cut rates
Bankers want the Reserve Bank of India (RBI) to cut the cash reserve ratio (CRR), or the portion of bank deposits that is kept with…
The inflation conundrum
The Indian government’s outgoing chief economic adviser Kaushik Basu has said inflation is a “partially-understood discipline”. I bet he is a bit generous in his…
Too few women at top of psu banks?
at top of PSU banks? India’s government-owned banks have something to cheer about. For the first time, the public sector banks, which account for about…
Lazy banking or easy banking?
In the first quarter of fiscal 2013 (till 15 June), banks in India invested a little more than Rs 30 in government bonds out of…
Will you miss the finance minister?
Corporations and industry lobbies were hugely disappointed with the decision of the Reserve Bank of India (RBI) to hold interest rates steady in its mid-quarterly…