Moneycontrol PRO

Dinesh Unnikrishnan

Deputy Editor

Moneycontrol

Analysis | With CPI inflation at 6.7% in August, CEA Subramanian has got his 'expectation' wrong; MPC has a big dilemma ahead

BUSINESS

Analysis | With CPI inflation at 6.7% in August, CEA Subramanian has got his 'expectation' wrong; MPC has a big dilemma ahead

As the August print shows, the CEA’s “expectation” has clearly gone wrong on the course of retail inflation.

ICICI-Videocon case: Deepak Kochhar arrested. Is Chanda Kochhar next?

BUSINESS

ICICI-Videocon case: Deepak Kochhar arrested. Is Chanda Kochhar next?

The ICICI-Videocon case is unlikely to end with Deepak Kochhar’s arrest. Names of Chanda Kochhar and other ICICI Bank officials who played a key role in sanctioning loan to the Videocon Group could come up next.

Explainer | SC stops the NPA clock for now: What does it mean for banks?

BUSINESS

Explainer | SC stops the NPA clock for now: What does it mean for banks?

The SC’s order may give temporary relief to those corporate borrowers who are on the verge of a default. The next hearing will be on September 10

Pranab Mukherjee: A finance minister who believed in absolute authority of government on economy, taxes and RBI

POLITICS

Pranab Mukherjee: A finance minister who believed in absolute authority of government on economy, taxes and RBI

It won’t be an exaggeration to say that Pranab Mukherjee, as finance minister, presided over a period of high growth riding on post-crisis stimulus. Problem was that growth was built on weak economic fundamentals.

Like a Boss: SBI’s Rajnish Kumar on his morning schedule, the business leader he admires and why tough decisions are best taken by one person

ECONOMY

Like a Boss: SBI’s Rajnish Kumar on his morning schedule, the business leader he admires and why tough decisions are best taken by one person

The chairman of India’s largest bank reveals his management style, his advice to younger banker and why management books don’t interest him

RBI's annual report: Economic recovery post COVID-19 will be different from that of 2008 global crisis

BUSINESS

RBI's annual report: Economic recovery post COVID-19 will be different from that of 2008 global crisis

The prolonged lockdown in the backdrop of Covid-19 has caused major losses to businesses across segments.

RBI's annual report: Moratorium, loan restructuring may impact banks’ health

BUSINESS

RBI's annual report: Moratorium, loan restructuring may impact banks’ health

Beginning March, the RBI had announced several measures to help the Covid-hit economy. This include a six months moratorium on loans and a one-time loan restructuring of loans impacted by Covid.

Like a Boss: HDFC’s Deepak Parekh on his open-door policy, the business leader who inspires him, and his key management advice

BUSINESS

Like a Boss: HDFC’s Deepak Parekh on his open-door policy, the business leader who inspires him, and his key management advice

The doyen of Indian banking, HDFC's Chairman Deepak Parekh, opens up about his management style, advice to youngsters and whether tough decisions are best taken by one person or collectively.

RBI MPC minutes point out chances of a prolonged pause; Is the rate cut season over?

BUSINESS

RBI MPC minutes point out chances of a prolonged pause; Is the rate cut season over?

MPC’s dilemma will worsen if inflation spikes further forcing it to take a relook at the course of the monetary policy ahead.

US investors' rights law firm announces probe against HDFC Bank

BUSINESS

US investors' rights law firm announces probe against HDFC Bank

The investigation is reportedly resulting from allegations that HDFC Bank may have issued materially misleading business information to the investing public.

Banking Central | One-time loan restructuring is only putting off pain; who’ll give capital to banks?

BUSINESS

Banking Central | One-time loan restructuring is only putting off pain; who’ll give capital to banks?

The government shouldn’t waste time to prepare a solid, realistic plan to start privatizing PSBs at the earliest. It did well by introducing IBC. The next should be exiting ownership of ‘government’ banks.

What worked in favour of Sashidhar Jagdishan to get HDFC Bank’s top job?

BUSINESS

What worked in favour of Sashidhar Jagdishan to get HDFC Bank’s top job?

The bank sent a list of three names to the RBI early this year. What are the factors that worked in the favour of Jagdishan to get the top job?

An 'asymptomatic' SBI shows confidence in a tepid quarter but COVID can be an unpredictable villain

BUSINESS

An 'asymptomatic' SBI shows confidence in a tepid quarter but COVID can be an unpredictable villain

Will an ‘asymptomatic’ SBI throw up negative surprises a few quarters later? One will have to wait and watch to see how the moratorium loan book is performing post August 31.However, Chairman Rajnish Kumar remains confident on the bank’s prospects

RBI Financial Stability Report: Indian banks’ gross NPAs could rise to 14.7% by March 2021

BUSINESS

RBI Financial Stability Report: Indian banks’ gross NPAs could rise to 14.7% by March 2021

In a base case scenario, the GNPAs could rise to 12.5 per cent by March next year, the RBI said.

Like A Boss: Bandhan Bank’s Chandra Shekhar Ghosh on his management style, the best place to prepare for leadership and more

TRENDS

Like A Boss: Bandhan Bank’s Chandra Shekhar Ghosh on his management style, the best place to prepare for leadership and more

Chandra Shekhar Ghosh, MD and CEO of Bandhan Bank, opens up about his management style, his most admired leader and what motivates him at his work.

Analysis| HDFC Bank prepares for COVID-19 shock

BUSINESS

Analysis| HDFC Bank prepares for COVID-19 shock

The bank has admitted that the COVID-19 pandemic has already taken a toll on the retail loan book.

How severe is the bad loan shock awaiting Indian banks?

BUSINESS

How severe is the bad loan shock awaiting Indian banks?

Two key trends — the recent capital raising spree by a clutch of private sector banks and warning by RBI Governor Shaktikanta Das last week — have alerted banking analysts

Like A Boss: Hemant Kanoria of Srei on a typical day in office, team management and more

BUSINESS

Like A Boss: Hemant Kanoria of Srei on a typical day in office, team management and more

Kanoria, 57, talks about what business schools can do in creating leaders but why on-the-job training is even more critical.

Independent director accuses promoters of Rs 600-crore scam in listed optic fibre maker

BUSINESS

Independent director accuses promoters of Rs 600-crore scam in listed optic fibre maker

Promoters of Aksh Optifibre, a Delhi-based company, accused of creating a byzantine collection of shell companies, entering into undisclosed related party deals, and carrying out gold-plated imports. Independent director shoots letters to finance ministry and board calling for forensic audit.

2 deals, 2 CBI cases: How banks flouted rules while lending to Videocon’s Venugopal Dhoot

BUSINESS

2 deals, 2 CBI cases: How banks flouted rules while lending to Videocon’s Venugopal Dhoot

Videocon’s loan dealings with banks expose how easily banks could flout norms when approached by a powerful industrialist and raises more questions on the efficacy of safeguards banks and regulators follow to avert corruption in high value loan deals.

RBI plans systemically important tag for big HFCs, here's what it means

BUSINESS

RBI plans systemically important tag for big HFCs, here's what it means

Since most of the big HFCs are already well regulated by the central bank, the proposed categorisation will not make much of a difference.

What does Moody’s rating downgrade reveal about the economy? Hint: COVID-19 is not the villain

BUSINESS

What does Moody’s rating downgrade reveal about the economy? Hint: COVID-19 is not the villain

Speculations were rife about an impending rating downgrade with India’s economy taking a severe hit due to the COVID-19 outbreak, the government’s fiscal calculations going wrong due to major revenue loss and weakening economic conditions. So, what’s worrying Moody’s with respect to the Indian economy?

'Bad bank' is back on the table: But where are the buyers for stressed assets?

BUSINESS

'Bad bank' is back on the table: But where are the buyers for stressed assets?

In the absence of a strong turnaround plan, the bad bank plan can backfire since this will be only transferring the risky assets in the banking system from one place to the other.

An accounting twist gifts ‘Yes’ a profit in Q4, but it is still a ‘No’ bank

BUSINESS

An accounting twist gifts ‘Yes’ a profit in Q4, but it is still a ‘No’ bank

At the end of March and after an unprecedented mega bail-out, Yes Bank still has a broken balance sheet and its continuation as a going concern depends on several ifs and buts.

Sections
ISO 27001 - BSI Assurance Mark