A December 14 late evening release by the income tax department has confirmed the worst fears of many in the Indian financial system on how some…
The Good And Not-So-Good Of New Bank Ownership Norms …
On a cricket field, when a fielder drops a catch, the spectators groan. On a football ground, when a striker misses a penalty kick, the…
RBI Policy: Normalisation By Stealth
There is no surprise in the outcome of the three-day meeting of the monetary policy committee (MPC) of India’s central bank — one that ended…
Monetary Policy: STATUS QUO Likely
Blame it on Omicron. That is, if the Monetary Policy Committee (MPC) of the Indian central bank decides to hold on to policy rates this…
The Story Behind The Sacking Of Reliance Capital Board
A six-line press release of the Indian central bank, signed by a chief general manager, on Monday evening, announced supersession of the board of directors…
An OPEN LETTER letter to Prime Minister Narendra Modi
Dear Prime Minister, Your recent address to senior bankers at the conference on “Creating Synergies for Seamless Credit Flow and Economic Growth” has encouraged me…
Is The Worst Behind Indian BANKS?
If your neighbour is a banker, you would have seen him walking in the park with a spring in his step. The banker community is…
Ex SBI Boss Rajnish Kumar Rushes Where Most PSU Bankes Fear To Tread
After retirement, a public sector banker follows a one-year cooling off period before taking up new assignments. Former State Bank of India chairman Rajnish Kumar,…