In an interview with this newspaper last week, Rajiv Lall, vice-chairman and managing director of IDFC Bank Ltd, which is awaiting the banking regulator’s final…
Bad assets: The role of whistleblowers
HDFC Bank Ltd’s gross non-performing assets or NPAs in the March quarter dropped marginally from 1% to 0.93%. They would have remained at the same…
Loans against property: a time bomb ticking away?
In the fiscal year that ended 31 March, credit growth of India’s banking industry dropped to an 18-month low. The microfinance industry, in contrast, saw…
Top posts in PSU banks: no scent of private banker
It looks like none of the private sector bankers could make it to the final list. I understand that the appointment committee has picked senior…
Can market re-rate public sector banks?
Finance minister Arun Jaitley has finally appreciated the need for capital infusion in India’s public sector banks. Saddled with bad assets, these banks need capital,…
How PSU banks lose out to private peers
India’s public sector banks are heading towards bad times. We don’t need a soothsayer to say this—a close look at the earnings of banks in…
Last of the RBI rate cuts for now?
Just about every analyst has been predicting a quarter-percentage-point policy rate cut by the Reserve Bank of India (RBI) in its monetary policy review on…
When will we see the next rate cut? Govt knows
Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday delivered what the market wanted—a quarter percentage point rate cut which brought the policy rate…