None could miss the collective sigh of relief from the bankers’ community on the Reserve Bank of India’s (RBI) decision to open a restructuring window…
How Many Banks Will Swim Naked?
IDBI Bank Ltd and Uco Bank did an encore in the June quarter. IDBI Bank posted a Rs 144.43 crore net profit, after recording a…
Wanted: A Monetary Policy Committee With More Power And ‘Flexibility’
The Monetary Policy Committee (MPC), Indian central bank’s rate-setting body under a new monetary policy framework put in place in 2016, had its 24th meeting last…
A NON-MONETARY POLICY, But Par For The Course
In May, when the Reserve Bank of India (RBI) went for an out-of-turn policy rate cut for the second time in a row, paring its…
Rate Cut Unlikely But RBI To Continue With Dovish Policy …
In March and May, the Reserve Bank of India (RBI) went for out-of-turn policy rate cuts following off-cycle meetings of its rate-setting body, the Monetary Policy…
RBI Is Ahead Of The Curve; Govt And Bureaucracy Behind: Viral Acharya
A year after he left the Reserve Bank of India (RBI), months before his three-year tenure finished, Viral Acharya, former deputy governor, in his latest book…
What Ails Indian Banking, According To Viral Acharya
Early this month, Reserve Bank of India (RBI) governor Shaktikanta Das delivered a speech at the State Bank of India’s economics conclave, titled “Indian Economy…
Why Bankers Are Afraid To Be CEOs
Last week, Federal Bank Ltd got the Reserve Bank of India’s (RBI) approval of its managing director and CEO Shyam Srinivasan’s reappointment till September 2021….