In October 2003, Romesh Sobti, then executive vice-president of ABN Amro Bank (now he heads IndusInd Bank Ltd) took the Indian mortgage market by storm,…
Finance ministry, Reserve Bank and autonomy
A finance ministry statement on Saturday said that “the government fully respects the independence and autonomy of the Reserve Bank of India”. It’s very reassuring…
50 days in the life of a bank’s branch manager
This is from the diary of a branch manager of an Indian bank. He lives in the Mumbai suburbs, takes a local train to work…
For borrowers, how long will the good times last?
Banks and mortgage firms in India are in a rush to cut loan rates in the aftermath of the deluge of deposits in the past…
Six banking trends to watch out for in 2017
By any yardstick, 2016 has been a rollercoaster year for Indian banking. Loan growth continued to be tepid as corporate India refused to take investment…
Affordable housing is the flavour of the season
What do Anshu Jain, Jaspal Bindra, Gunit Chadha and Pramod Bhasin have in common? They are all global bankers from India. Right? Yes, they have…
Can only love for our postman ensure success for India Post Payments Bank?
People have been waiting eagerly for the launch of the India Post Payments Bank or IPPB, the largest among the eight that are likely to…
RBI prefers to wait and watch impact of demonetisation
The key takeaway from the December policy of the Reserve Bank of India (RBI) is the central bank downplaying the impact of demonetisation. Uncertainties surrounding…