BUSINESS
IMF sees real rates falling sharply, but don’t ignore the caveats
The IMF is projecting a significant fall in real interest rates in emerging economies in the long term with that of China to be near zero by 2050 led by demographics and productivity factors
BUSINESS
Moneycontrol Pro Panorama | The earnings juggernaut is about to roll: It's time to take stock
In today’s edition of Moneycontrol Pro Panorama: Can Congress recover from its woes, SEBI's responsible message push for advisors, global food inflation moderates further, double whammy for Mphasis, and more
BUSINESS
Out-of-syllabus pause gives RBI time to fret and freedom to markets
On the whole, the RBI’s decision of keeping policy rate unchanged and accompanying hawkish statement seem to be the best course of action for now. But will it have the desired effect on inflation is a critical question.
BUSINESS
RBI’s real interest rate goal just got higher with OPEC’s output cut
More than OPEC’s output cut, domestic inflation trajectory upsets the RBI’s inflation projection for the current and next years. The central bank may need to sacrifice more demand through higher real interest rates to control inflation
BUSINESS
Moneycontrol Pro Panorama | It all starts and ends in the bond market
In today’s edition of Moneycontrol Pro Panorama: India's growing gaming market needs better policies, the only solution to the bank crises, Finance bill amendments makes market jittery, fixing Punjab's ailing agriculture sector, and more
BUSINESS
Chart of the Day: A test for the insurance heft in bond market
India's insurers have been big buyers of long-term government bonds as they witnessed strong business growth. That could now be put to test.
BUSINESS
Booking a fraudster became a bit more onerous for bankers
The Supreme Court wants banks to hear borrowers accused of fraud and give a reasoned order when labelling them as fraud
BUSINESS
Moneycontrol Pro Panorama | Banking fragility and the heavy hand of the State
In today’s edition of Moneycontrol Pro Panorama: Fed's pause a clue to investors, layoffs a sign of structural slowdown in business, India's role crucial to avert global climate change, China partnering with Russia is bad news for India, and more
BUSINESS
Chart of the Day: India’s insured deposit pile isn’t high enough
In FY22, about 50 percent of the deposit pile of banks was insured under deposit insurance which is lower than 60 percent in the US
BUSINESS
India’s life insurers to get the last hurrah on growth before flatlining
The month of March could show sharp business growth for life insurers as Indians make their final dash to secure tax-free insurance policies before new rules kick in
BUSINESS
Fed swap lines don’t impress markets that crave end of hikes
More than rethinking its rate hiking spree, the Fed’s real challenge is to make investors believe that the financial system can be patched up quicker than inflation
BUSINESS
Who will blink first? Moody markets or data driven central banks?
Powell’s dilemma is acute as the stability of banks depends on market sentiment even as the Fed’s credibility depends on inflation data
BUSINESS
Why the Fed had to step in to save Silicon Valley Bank depositors
The Fed’s timely action has calmed the markets for now, but the sharp rise in interest rates could mean trouble for other interest-rate sensitive businesses
BUSINESS
Citibank’s exit: Not easy to do business in India?
The 2008 financial crisis prompted the RBI to turn up the regulation on banks. It also prompted multinational banks to turn down their enthusiasm in spreading their business across geographies and focus on healing the home business
BUSINESS
Surprise, surprise! Mergers have actually worked for Indian banks
A new study by the Reserve Bank of India finds that, in the long-run, bank mergers are good for both the parties involved
BUSINESS
RBI has found its animal spirits even if the economy has not
The State of the Economy report in the RBI Bulletin says 'we believe that India will decouple from macroeconomic projections of current vintage and also from the rest of the world'
BUSINESS
How credible is LIC’s claim to stand tall sans tax crutch?
The low share of life insurance in the overall household savings is a testament to the fact that insurance in India is a push product that needs sweeteners such as tax exemptions
BUSINESS
MPC’s inflation fight easier than RBI’s quest for financial stability
With the government showing fiscal rectitude in its Budget for 2023-24, there isn’t any hurdle for the central bank in achieving price stability
BUSINESS
Yes Bank’s AT-1 bonds legal battle may not give closure to bond holders
The legal battle about Yes Bank’s AT-1 bonds has big lessons for banks, regulators and the judiciary
BUSINESS
With a cleaned-up book, IDBI Bank deserves privatisation success
The bank has made enough provisions for bad loans to ensure future profitability
BUSINESS
India’s GDP growth feels robust, but it may not be
Indians may finally take a break after having fulfilled their pent-up desires post the pandemic—the advance GDP estimates show private consumption is expected to shrink 0.2 percent in second half
BUSINESS
The missing message for 2023 in the RBI’s Financial Stability Report
The banking system is at its best in almost a decade. But for the current credit cycle to be sustained, banks must not repeat the mistakes of the last one
BUSINESS
A New Year of dissent awaits the RBI’s monetary policy committee
Divergences and dissent emerge during periods of economic recovery as emerging data is conflicting
BUSINESS
In the war for deposits, no one is winning yet
Leads and lags in interest rate transmission, and a persistent inflation threat to returns make the pursuit of deposits a challenge for banks
