T he person who did this act on the Indian banking system and others who may be planning further such acts are evil people. They…
Rate cut for sure but by how much, Dr Raghuram Rajan?
All economists in a Mint survey expect Reserve Bank of India (RBI) to cut its policy rate on 5 April. The debate has been on…
The great Indian rate trick
It has been a long weekend for Indian banks, but not the bankers. In fact, most senior bankers have been working overtime for the past…
Dear FM, look beyond bank consolidation
The second edition of Gyan Sangam—a forum of bankers, regulators and policymakers created by the government to brainstorm critical issues that have been plaguing the…
What’s next, Mr Vijay Mallya?
The Indian banking industry has no dearth of defaulters. Not even the so-called “wilful defaulters”, who have the capacity to pay but don’t or divert…
What can budget do for PSU banks?
Seldom has the Union budget been so critical for India’s state-controlled banks that account for a little over 70% of loan assets. Twelve of the…
Budget 2016-17: Eight cheers to public sector banks
The biggest negative for India’s state-owned banks in the Union budget is finance minister Arun Jaitley’s announcement that the government will infuse (only) Rs.25,000 crore…
Bad bank can wait, let’s recast ARCs fast
The asset reconstruction companies or ARCs in India, which are in the business of buying bad loans from banks and making money by recovering them,…