It has been smooth sailing for record high borrowing of the Indian government in FY2023 so far. Till the last week (September 16), the government…
The New World Of DIGITAL Lending
Finally, the Reserve Bank of India (RBI) has legitimised digital lending. It has coined a new term to describe the players in this space —…
BAD Loan Recovery Can Get WORSE
Samir Kumar Nath, 74, a retired chief general manager of the State Bank of India, was arrested last month by Kolkata police. As a nominee…
Treasury Losses Have Not Derailed Good Run Of Listed Indian Banks
Except for one, all banks had made profits in FY2022. The combined net profit of the listed banks, at Rs1.57 trillion, was at its historic…
P2P Lending: What’s That?
In the hustle and bustle over what’s happening in the digital lending space, not too many of us are probably aware of the ground realities…
Let The CUSTOMERS Enjoy FREEDOM from BANKS’ Tyranny
As we celebrate the 75th anniversary of Independence, let’s take a look at how the banking sector has evolved in India since 1947. There were…
How Much Will Be The Next Rate Hike In September: 35 or 25 bps?
Indian central bank’s rate setting body, the Monetary Policy Committee (MPC), at its next meeting in the last week of September will once again raise…
How Much Rate Hike This Week RBI: 50 or 35 bps?
A July 17 report by Hyun Song Shin, economic adviser and head of research, Bank for International Settlements, titled “Inflation and the path of soft…