On 1 October, State Bank of India (SBI) chief Arundhati Bhattacharya’s tenure was extended by one more year, the announcement coming five days ahead of…
No more RBI rate cuts till March?
A quarter percentage point cut in the Reserve Bank of India (RBI)’s policy rate was not unexpected (although the market was vertically divided, a few,…
RBI monetary policy: Will there be an interest rate cut?
On Tuesday, a group of five men and one woman will decide whether the Reserve Bank of India (RBI) should cut its policy rate—a decision…
How corrupt are our bankers?
On 15 September, the Central Bureau of Investigation (CBI) registered a case of corruption against Archana Bhargava, a former chairperson and managing director (CMD) of…
It’s a freeway for new private banks in India
ndia’s private banks, particularly those that started in the mid-1990s and later, after the Reserve Bank of India (RBI) opened up the sector, have never…
An open letter to Urjit Patel
Dear Dr Patel, Being an insider, you don’t need time to settle down into your new role. Also, there probably couldn’t have been a better…
Goodbye Raghuram Rajan, welcome Urjit Patel
In August 2013, at the 10th Nani A. Palkhivala Memorial Lecture on ‘Five Years of Leading the Reserve Bank—Looking Ahead by Looking Back’, a few…
Finally, an inclusive mortgage market?
India’s roughly Rs.10 trillion mortgage market is witnessing a quiet revolution. Even though it has been growing at around 18-19% every year, the size of…