India’s capital market regulator has proposed that large corporations should raise 25% of their borrowings from the corporate bond market from the next fiscal year….
RBI frontloads rate hike, more on the cards
As expected by most economists and analysts, the Reserve Bank of India (RBI) on Wednesday raised the repo rate by a quarter percentage point to…
The arguments against an RBI rate hike
In June, the Reserve Bank of India (RBI) raised its repo rate by a quarter percentage point to 6.25%, endorsed by all six members of…
Stability returns to bond market, but till when?
On 17 July, the traded volume of the 10-year benchmark government paper rose to ₹32,450 crore, something last seen in October 2016. The volume in…
Life of banks after five decades of nationalization
Till recently, there were animated discussions on privatization of India’s bad debt-laden public sector banks. As we approach the 49th anniversary of bank nationalization, the…
Don’t tar all PSU bankers with the same brush
This is a joke. In September 2008, just after the collapse of Lehman Brothers Holdings Inc., at a parent-teacher meeting at a Brooklyn middle school,…
IDBI Bank favourite guinea pig in Indian financial lab
Five years back, LIC Housing Finance Ltd, the mortgage subsidiary of Life Insurance Corporation of India (LIC), had applied to the Reserve Bank of India…
For Indian banking sector, let a hundred CEOs bloom
On 12 June, the shareholders of Yes Bank Ltd at its annual general meeting passed a resolution with “overwhelming majority” reappointing its managing director and…