If you ask economists about their expectations from the two-day meeting of the six-member monetary policy committee (MPC) that kicks off on Tuesday, they will…
Where do microfinance firms go from here?
If you have your ear to the ground, you may hear 1.2 million employees of the Indian microfinance industry singing an old song of country-and-western…
The new hotspots of Indian microfinance
P. Satish, executive director of Sa-Dhan, the oldest industry body for Indian microfinance, and Ratna Vishwanathan, chief executive of Microfinance Institutions Network (MFIN), a relatively…
Bad loans: Is the worst over for Indian banks?
With everyone talking about the inconvenience caused to the masses and wealth destruction as a consequence of the demonetization of high-value banknotes and a few…
Dear prime minister, the buck stops with you
The choice before the government was to announce it out of the blue and run the risk of the chaos on streets or have a…
Poor people’s access to financial services on the rise in India
A financial survey of four poor states of India—Odisha, Bihar, Madhya Pradesh and Uttar Pradesh—has revealed that access to formal banking outlets is not as…
Banks’ deposit portfolio hits Rs100 trillion. What next?
India’s banking sector is celebrating a new milestone—its deposit portfolio crossed Rs100 trillion on 30 September. It has been a long wait. The collective deposit…
How many payments banks will come up finally?
Both payments banks and small finance banks, two new beasts on India’s banking turf, will be required to maintain a capital adequacy ratio (CAR) of…