Net interest income, the main source of revenue, rose modestly in the September quarter for listed Indian banks. It rose 3.54% from a year earlier…
How many more new banks will get RBI’s nod?
Reserve Bank of India (RBI) deputy governor S.S. Mundra’s recent comment in Delhi that the central bank will give more licences to new banks has…
A near-empty RBI board stares at government
Those who feel upset looking at the vacant top positions at state-owned banks, and wonder why a well-meaning government takes so long to fill the…
IPOs acid test for Indian MFIs
Between 2007 and now, globally, two microfinance institutions (MFIs) got themselves listed on the stock exchanges. In the next six months, this number will be…
Indian microfinance institutions have just busted a myth
By definition, microfinance is the business of giving tiny loans to people who do not have access to formal banking services. The Investopedia website defines…
New CEO Jayakumar’s challenge at Bank of Baroda
Like many others, I am curious to know what does P.S. Jayakumar want to do on his first day in office. The former managing director…
Change is in the air for Indian banking
About five weeks after Kolkata-based Bandhan Bank Ltd started its operations, IDFC Bank Ltd had a quiet launch in Mumbai this month. They had fought…
How real is real interest rate?
After Reserve Bank of India (RBI) governor Raghuram Rajan surprised the market by a half a percentage point repo rate cut and his commitment to…