To use a cliché, there will be a tectonic shift in the Indian banking landscape in 2014. Both the body and the soul of the…
How to tackle the pile of bad loans
Now that the Reserve Bank of India (RBI) is pushing for an early recognition of financial distress and prompt steps for resolution and recovery of…
Raghuram Rajan takes a calculated gamble by not hiking rates
The Reserve Bank of India (RBI) on Wednesday chose to keep its key policy rates unchanged despite the fact that retail inflation in November accelerated…
PSU banks: who will stem the rot?
India’s central bank is increasingly getting worried about the rising bad assets of public sector banks, which roughly account for three-fourths of the assets in…
Why many in SKS love to hate founder Vikram Akula
Mumbai: SKS Microfinance Ltd’s annual general meeting (AGM) in Mumbai on Tuesday was a largely tame affair with SKS Trust Advisors Pvt. Ltd (STAPL), the…
Different banks, new regime
Finance minister P. Chidambaram at a recent banking seminar endorsed the need for different models of banking, saying that the nation needs different kinds of…
Does urban India need a women’s bank?
Prime Minister Manmohan Singh and United Progressive Alliance (UPA) chairperson Sonia Gandhi flew down to Mumbai last week to open the first branch of India’s…
What is wrong with India’s banks?
Forty listed Indian banks’ collective net interest income—the difference between what they earn on giving loans and what they pay to depositors—rose by at least…