The dominant theme of conversation among banking sector analysts these days is whether the worst is over for India’s state-owned banks that roughly has 70%…
No one wants to see zombie banks in India
Five of the seven government-owned banks that announced their earnings last Friday reported losses in the June quarter, while profits of the other two dropped…
Raghuram Rajan is not done, yet
That the Reserve Bank of India (RBI) would not cut its policy rate in the August bi-monthly review was almost a given. To that extent,…
Markets looking beyond Raghuram Rajan, August policy
The markets seem to be quite happy with the move by the Reserve Bank of India (RBI) to put licences for universal banks on tap—probably…
Banks are ill, long live NBFCs
Shares of Bharat Financial Inclusion Ltd, earlier known as SKS Microfinance Ltd, on Friday closed at Rs.909.20—inching closer to the price at which retail investors…
Public sector banks: Who should get the capital?
Last week, the government announced a capital infusion of Rs.22,915 crore into 13 state-run banks. The nation’s largest lender, State Bank of India (SBI), will…
Banks are stressed: What do we do?
A day after the Reserve Bank of India (RBI) released its biannual Financial Stability Report, outlining the “significant challenges” being faced by Indian banks, 31…
The job at hand for Raghuram Rajan’s successor
A close relation of one of my friends, a senior executive at a multilateral agency for years now, is quite upset because her name does…