Banking Central | Why don't we have more women bank CEOs?
For real empowerment, women should be offered equal opportunities, and not a special institution, to realise their potential.
Exclusive interview | ‘Metro Man’ E Sreedharan: BJP has the best secular credentials today; opposition parties brand it as religious
E Sreedharan says he never discussed the chief ministership of Kerala before joining the BJP.
Bank privatisation: Talks between unions, government draw a blank ahead of two-day strike
The decision to privatise two state-owned banks was announced in the Union Budget 2021. The two sides will meet again on March 9.
Super Specialty hospital, hotel, land parcels: Over 500 properties up for sale in SBI’s mega e-auction
SBI will conduct what it calls a mega e-auction on March 5 (Friday). Bank auction properties can offer 20-23 percent discount to market rates. But, the buyer needs to evaluate the property carefully.
Analysis | Is bank credit growth picking up pace after COVID-induced slowdown?
According to latest RBI data, bank credit growth that had slumped in 2019-20 and further down in 2020-21 due to COVID-19, is slowly recovering with the gradual opening up of the economy. However, the larger trend remains subdued.
NBFC licence, startup ambitions: At 70, Kerala’s most famous billionaire is planning his next big moves
Kochouseph Chittilappilly, the founder of the V-Guard empire, believes Kerala’s business environment has worsened in recent years due to trade unionism and the government’s lack of support to industries.
Banking Central | PSBs and private banks: Where is the level playing field?
Unless public sector banks are given a level-playing field, the government cannot expect same operational performance from them as private banks
RBI Bulletin: India’s economic activity gaining momentum, but private investment missing
The central bank noted that the broader measures of liquidity reflect easing of monetary and financial conditions in the system
RBI bulletin: Bank credit flow to industries, infrastructure remains a concern
Bank credit growth to industries slowed due to the coronavirus impact but has recently picked up for agriculture and services sectors as economic activities resume, the central bank has said.
A ‘NUE’ rival for NPCI is in the making: Why does the RBI want another entity for retail payments?
The RBI and the government have been pushing for ‘cashless’ economy aggressively. The central bank’s assessment is that NPCI alone cannot manage the big shift.
Current inflation target of 2-6% appropriate for next 5 years, says RBI report
There is speculation that the government may ask the central bank to relax inflation targets to support growth.
Nirav Modi extradition: The story so far and what it means for Indian banks
The diamantaire's case involving PNB exposed the loopholes in the banks' risk management systems.
Finmin lets private banks participate in government business: An unfair deal for state-run lenders?
Private Banks have welcomed the step but PSBs say the decision is unfair as they carry the burden of social banking
Explained: India inches closer to launching a digital currency; 5 key points
The RBI has indicated that it is working on a digital currency, but the central bank hasn’t committed on a launch date yet.
Like a Boss: Nirmal Jain on why managements need to be open minded
Nirmal Jain, founder of IIFL, finds inspiration from the fascinating success stories of Amazon and Flipkart and loves to read George Orwell and Benjamin Graham.
Explained: Is the Indian bond market spooking equity investors?
Ever since the government announced the huge borrowing plan, bond yields are moving up. Can the Reserve Bank of India (RBI) calm nerves?
MPC Minutes: Did the panel just signal a delayed growth recovery, longer rate pause?
MPC minutes show that all members continued on the same stance to support growth, ignoring the near-term inflation worries.
Banking Central: Can Indian co-operative banks regain customer trust?
RBI crackdown on co-operative banks continues with two banks facing action so far this year for worsening financials. But will this deter customers from parking their life savings in co-operatives? Read on to know
RBI puts Rs 1,000 withdrawal cap on Deccan Urban Co-op Bank; fresh loans, deposits restricted
The RBI has been cracking down on weak co-operative banks over the last few years. In 2020, the RBI cancelled permits of three co-operative banks and imposed restrictions on several other banks.
PSB privatisation: Can government outfox India’s powerful trade unions?
Reversing bank nationalisation is a politically sensitive step. But, the government seems to have a plan this time.
Explained | RBI rules on Housing Finance Companies: 10 key questions answered
The RBI has issued a master circular to bring into effect comprehensive rules announced last October to bring HFCs under closer scrutiny. The rules aim to safeguard the interest of investors and depositors.
Citibank just sent some lenders $900 million by mistake. What happens if you commit such a colossal gaffe?
What if you transfer money to the wrong beneficiary? More importantly, what should you do if you receive an amount by accident from someone? Here is what bankers say
Will NBFCs be allowed to transfer stressed assets to proposed Bad Bank?
Transferring bad loans to an ARC is only the last option for a lender. That happens at a deep discount, which may not attract NBFCs.
Crisil says NBFC stressed assets may hit Rs 1.5-1.8 lakh crore by end of FY21
However, the one-time COVID-19 restructuring window, and the micro, small and medium enterprises (MSME) restructuring scheme offered by the Reserve Bank of India (RBI) will limit the reported gross non-performing assets (GNPAs).
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