The Reserve Bank of India (RBI) panel, undertaking “a comprehensive review” of the working of the asset reconstruction companies (ARCs), has invited views and suggestions…
Who Will Rate The Rater
Extracts from `The Pandemonium: The Great Indian Banking Crisis‘ https://www.amazon.in/dp/819464335X/ The findings of the interim report of a forensic audit code-named Project Icarus, by Grant Thornton,…
Citibank Is Selling Its Consumer Business In India. Why?
Many moons ago, when I was finding my feet in bank reporting, Sujit Banerji, then corporate business head at Citibank NA in India, unfolded before…
Merger Always On Union Bank’s Plate!
A common theme for all mergers in the public sector banking industry is that the CEOs of the banks involved were not in the know,…
Second Covid Wave: What RBI Can Do
Till recently, most analysts were talking about unwinding the ultra-loose monetary policy as the biggest challenge before Reserve Bank of India (RBI) Governor Shaktikanta Das…
Outlook For The Indian Economy Is Bright By Any Projection: RBI Report
The April `State of the Economy’ report of the Indian central bank says “Half a year has gone by since we re-launched this … after…
Payments Banks Still In Search Of Right Business Model
More than four years after the first payments bank started operations in India, the banking regulator has doubled the maximum limit of funds that a…
A Hale & Hearty Banking Sector But…
Last week, Reserve Bank of India (RBI) Governor Shaktikanta Das, with two deputy governors in tow, held two separate e-meetings with the CEOs of all…