A few months ago, in the run-up to the general elections, a large bank could not continue with the recovery process of bad loans given…
When Deposits Become ‘ASSETS’ For Banks
My neighbour Mr Fernandez has resumed his habit of visiting bank branches. A super senior citizen, he earlier used to visit the branches often. But…
Reserve Bank of India Walks The Talk
The idiom, “All bark and no bite”, doesn’t seem to have a place in the Indian banking regulator’s lexicon. Just about a week after giving…
PSU Defaults And Moral Hazards
One could hear a collective sigh of relief from the Indian banking sector when the bankers learnt that the government was considering a bailout for…
RBI Opens Door For Rate Cut, Finally
Once again, the Indian central bank has maintained status quo at the October meeting of its rate-setting body when it comes to the policy but…
October Monetary Policy: Status Quo On Rate; Stance Too May Not Change
n its August meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to maintain the status quo — keeping both…
A New Chapter In Microfinance Where Lenders Are Chasing The Borrowers
Fusion Finance Ltd, a listed microfinance company, has recently said that it might need to make an additional provision of Rs 500-550 crore in the September…
Every Thing You Want To Know About SROs In Financinal Sector
In August, the Reserve Bank of India (RBI) recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the financial technology…