Maidavolu Narasimham, 80, the 13th governor of the Reserve Bank of India (RBI), must be a happy man in Hyderabad today. What he had ideated…
It’s official, Indian banks’ health will worsen
Those who have been hoping that the worst is behind the Indian banking industry are a disappointed lot. Going by the Reserve Bank of India’s…
Y.V. Reddy’s memoir—a chocolate with the wrapper on
Almost nine years after Y.V. Reddy demitted office as Reserve Bank of India (RBI) governor, his autobiography Advice & Dissent: My Life in Public Service…
Can Mahesh Kumar Jain turn around IDBI Bank?
Almost every week, Mahesh Kumar Jain, IDBI Bank Ltd’s managing director and chief executive officer (CEO), catches a flight from Mumbai—where the bank is headquartered—to…
Viral V. Acharya: The change agent
Within a month of taking over as a deputy governor at the Reserve Bank of India (RBI) on 20 January, Viral V. Acharya, addressing a…
The new phase of RBI-finance ministry conflict
In media and India’s financial circle, speculation is mounting on the “deteriorating” relationship between the finance ministry and the Reserve Bank of India (RBI) and…
Why India’s bad loan problem is really bad
Last week, Spain’s largest lender Banco Santander SA announced taking over struggling Banco Popular Espanol SA for a symbolic value of €1. Santander also plans…
Evolution of Urjit Patel as RBI governor
The Reserve Bank of India’s (RBI) first bimonthly policy of the current financial year in April projected average inflation of 4.5% in the first half…