Mumbai: Finally, ICICI Bank Ltd’s boss Chanda Kochhar did what she should have done earlier. On 1 June, reacting to a Mint report that the independent board members…
Finally, Chanda Kochhar did what she should have done earlier
On 1 June, reacting to a Mint report that the independent directors of ICICI Bank Ltd asked managing director and chief executive officer (CEO) Chanda Kochhar to go on…
Vikram Akula’s inside story of SKS Microfinance will remain untold
The untold story of the creation, near-destruction and the resurgence (under a new management) of the world’s second listed microlender, SKS Microfinance Ltd, may not…
How bad are our public sector banks? Here are some vital stats
Bashing our banks, particularly the government-owned ones, which roughly have 70% market share of assets, has become a favourite pastime for many. Instead of going…
RBI hasn’t kicked off a rate hike cycle as yet
The Reserve Bank of India (RBI) on Wednesday raised its repo rate by a quarter percentage point to 6.25%—the first rate hike since January 2014….
Opinion: RBI rate hike a close call, by the governor
Most economists expect two rate hikes by the Reserve Bank of India (RBI) between now and December, but there is no consensus on the time…
Why are interest rates hardening despite RBI status quo?
Last Friday, Small Industries Development Bank of India (Sidbi) raised Rs500 crore from the market through one-year certificates of deposit (CD), paying 8.32%. Normally, a…
SBI too will post Q4 loss, but how much?
Punjab National Bank (PNB) has reported a record Rs13,417-crore loss for the March quarter (Q4). All eyes are now on State Bank of India (SBI),…