At a recent Mint conclave, retail guru of Indian banking KV Kamath said India’s banking industry is in its best shape in the last 50 years in…
New Chapter In MICROFINANCE: End Of OVERLEVERAGING?
March 14, 2022, is a red letter day for the Indian microfinance industry. The new regulations for microfinance are a real shot in the arm…
Hobson’s Choice: BLAME it on OIL
In its February policy, announced a few days after the Union Budget, Indian central bank’s rate-setting body left the repo rate (the rate at which…
MYTHs & REALITY Of MICROFINANCE
A few traditional investors in microfinance companies in India seem to be a disappointed lot these days. They say there’s too much hype about how…
POLYMER NOTES: What’s That?
In December, the Central Bank of the United Arab Emirates announced that the new 50-dirham polymer banknote would be used alongside the paper banknote as…
Anatomy of India’s Biggest Bank Fraud
At the Olympic Games, the champion stands on the highest step in the centre to receive the gold medal. The runner-up stands to the winner’s…
India’s BANKING STORY Still Evolving
After the September quarter earnings, when the banking industry had made record profits, we saw a spring in the step of bankers. After the December…
Decoupling From US: BOLDEST Monetary Policy of Shaktikanta Das
When the Reserve Bank of India (RBI) Governor Shaktikanta Das was reading the monetary policy statement, laced with quotes from Mahatma Gandhi and Lata Mangeshkar’s…