On March 8, Uday Kotak, executive vice-chairman and managing director of Kotak Mahindra Bank Ltd, tweeted: “Coronavirus roils global financial markets, sparking chatter of coordinated…
YES BANK RESCUE: Finally, An Indian Version Of TARP?
Early Friday morning a senior banker woke me up with his outbursts on the phone: “Is this the way to save a bank? We are…
Have Our Bankers Forgotten To Lend?
Last week, addressing public sector bankers at an event in New Delhi, Finance Minister Nirmala Sitharaman asked them to go back to branch banking. Going…
After ADITYA PURI, who?
I would not like to be in the shoes of Egon Zehnder — the global executive search firm which has been engaged by India’s largest…
PSU Banks Not Out Of The Woods Yet
State Bank of India (SBI) chairman Rajnish Kumar has every reason to feel happy. The aggressive recovery of bad loans helped India’s largest lender record…
Dear Depositor: How Much Money Will You Get If Your Bank Goes Bust?
Finally, the deposit insurance cover has been raised five-fold to Rs5 lakh – a huge comfort for small depositors, some of whom have been staring…
RBI Does What Budget Could Not Do
The Reserve Bank of India’s (RBI’s) latest monetary policy rushed in where the Union Budget feared to tread. On the expected lines, it refrained from…
Reserve Bank Of India May Continue With Pause And No Change In Stance
The Budget of aspiration, economic development and care for all is behind us. Let’s focus on the next big event – the last bimonthly meeting…