At the last auction of the 364-day Treasury Bills on June 1, the cut-off yield crossed 6 per cent to reach 6.0801 per cent. The…
FY 2022: Best Year For Indian Banks, But There Are Fresh Challenges
The Indian banking industry has never had it so good. The collective net profit of listed banks for FY22 is Rs1.57 trillion, the highest in…
HDFC-HDFC Bank Merger: Better Late Than Never
In Samuel Beckett’s classic, Waiting for Godot, two tramps, Vladimir (nicknamed Didi) and Estragon (Gogo), are engaged in a variety of discussions and encounters while…
NPA: A Three-Legged Monster Created By Reserve Bank’s Forbearance?
When a pack of wild boars invades your agricultural land during the harvest season, destroying the crops with their razor-sharp tusks, what do you do?…
Reserve Bank of India Falls In Line With Global Central Banks
Every analyst swears today that on June 8, at the end of the three-day meeting of the Monetary Policy Committee (MPC), Indian central bank’s rate-setting…
WORD PLAY On RBI’s MPC Minutes
Key words & how many times they appear in April and February MPC minutes. For the record, the repo rate (4%) remains unchanged but the…
We’re doubling down investment in institutional biz: Citi Asia-Pacific CEO
In this exclusive interview with TAMAL BANDYOPADHYAY, Citi Asia Pacific CEO Peter Babej explains why his bank has chosen to sell its retail business in…
‘The Board Is Charting Out The Glide Path For BharatPe’s IPO’
Ashneer Grover, co-founder and managing director of BharatPe, resigned on February 28 after he went on “voluntary leave” in January until end-March. This followed an…