The Banks Board Bureau has recommended five executive directors of public sector banks for top posts in state-run banks which will fall vacant in coming…
Why this is Urjit Patel’s smartest policy
Since Urjit Patel took over as the governor of India’s central bank in September 2016, he has presented four monetary policy reviews, including the latest…
Who cares about interest rate, stance of RBI’s policy?
Absurdist playwrights would turn in their graves looking at what’s happening in the Indian financial system. A historic low growth in bank credit is accompanying…
Bad loan resolution: It’s now or never
On Friday, most state-owned bank stocks rose. For a few of them, the rise was spectacular. For instance, the Oriental Bank of Commerce (OBC) stock…
Farm loan waiver is no solution to farmers’ woes
Last week, the Indian National Congress at the Maharashtra assembly submitted a breach of privilege notice against State Bank of India chairman Arundhati Bhattacharya for…
Do we need a Reliance Jio in Indian banking?
Given a choice, most branch managers of Indian banks these days would like to attend classes on how to handle angry customers where they will…
Can Indian banks ride on celebrity brand ambassadors?
In a recent advertisement looking for probationary officers, the State Bank of India (SBI)—“the banker to every Indian”—has used a photograph of its chairman Arundhati…
The legacy of U.K. Sinha
U.K. Sinha’s six-year term (with two extensions) as head of the Securities and Exchange Board of India (Sebi) ends on Wednesday. His three predecessors—C.B. Bhave,…