It must be music to the ears of the government of India (GoI) and Life Insurance Corp. of India (LIC). IDBI Bank Ltd, in which…
Steller Show By Indian Banks, But Will It Continue?
An early June Business Standard report mentioned a sharp slowdown in India Inc’s earnings in FY23. The combined net profits of 823 non-BFSI (banking, financial services and…
Status Quo On Policy Rate, But Will RBI Change The Stance?
In May 2022, Reserve Bank of India (RBI) Governor Shaktikanta Das said in an interview that expectations of a rate hike in the next policy meeting were a no-brainer…
Is FOREIGN BANKING landscape Changing In India?
In April, HSBC announced former captain of the Indian cricket team, Virat Kohli, as its brand influencer for India operations. A month later, HSBC India’s CEO Hitendra…
From Inclusive BANKING To Inclusive INSURANCE
You gift me a car. There’s a wide road on which I can drive. But I have not been allowed to fill in more than…
Fighting Covid Pandemic, The Reserve Bank Way
Last Friday, the 10-year bond yield fell 3 basis points (bps) to end the day at 6.99 per cent – the first instance of the…
The Great Banking Rescue Act Of A Doomed Real Estate Project
In the last week of April, the Economic Offence Wing of the Mumbai Police arrested the promoters of Nirmal Lifestyle for allegedly failing to hand…
A Week In A PSU Banker’s LIFE
Last week’s Banker’s Trust column on the work culture of public sector banks excited many bankers. Quite a few of them have reached out to…