One doesn’t need to be a soothsayer to predict that the December 5 monetary policy of the Reserve Bank of India (RBI) will be a…
Where Have All The Bankers Gone?
In the last week of October, Yes Bank Ltd sent a note to stock exchanges saying the search panel looking for a successor to the bank’s MD…
Options Before The Reserve Bank Governor Urjit Patel
In Indian central bank’s 83-year history, two governors resigned before their terms ended — Sir Osborne Smith (in 1937) and Sir Benegal Rama Rau (1957)….
Prompt Corrective Action Or Slow But Steady Destruction Of Weak Banks?
The Reserve Bank of India’s (RBI) last board meeting in Mumbai continued for hours, the longest in its recent history. Much time was spent discussing…
What Ails The Great Indian Asset Sale?
In September, after the annual ritual of a review meeting with the chiefs of public sector banks, Finance Minister Arun Jaitley said that non-performing assets (NPAs) with…
An AQR For The India’s NBFC Sector?
Early last week, the State Bank of India said it would buy up to Rs 300 billion of quality loans from the stressed non-banking finance…
The New (Dis)order Of Indian Financial System
Many analysts are defining the near-collapse of Infrastructure Leasing & Financial Services Ltd (IL&FS) as the Lehman moment for India. We need to wait as…
No Action Reserve Bank Policy Brings Rupee To The Centrestage
Every analyst and her aunt were expecting a quarter percentage point rate hike on Friday but the Monetary Policy Committee of the Reserve Bank of…