BUSINESS
How Indian banking will change if RBI tweaks ownership norms for private lenders
Some proposals add to financial stability risks even if they increase the chance of fresh capital flowing in
BUSINESS
LVB-DBS merger is job well done. But don’t rest on your laurels, RBI
For every Yes Bank or Lakshmi Vilas, there are countless other cooperative banks where depositors have a long wait to access their money
BUSINESS
WhatsApp Pay | Let a hundred flowers bloom
Imposing a market share cap on UPI is a retrograde step that will restrict customer choice and stifle innovation
BUSINESS
Early private bank earnings offer hope on asset quality; sustainability is key
The course of COVID-19 and its impact on the economy remain a big variable on how asset quality deterioration is arrested. The large pool of stressed accounts is a red flag
BUSINESS
The sorry trend in State health expenditure
Government spending on health has been stagnant for almost two decades now
BUSINESS
The precarious state of state finances
Fiscal deficit is set to rise. States will cut capital expenditure to meet targets
BUSINESS
What the interest cashback scheme means for investors
An end to the interest waiver case will remove uncertainty over bank earnings
BUSINESS
What the IMF has to say about the economic recovery
India will feel the economic effect of the pandemic more deeply than other large economies
BUSINESS
Did retail inflation peak in September?
High inflation makes the Reserve Bank of India’s task tougher as it tries to prop up growth. A rate cut in December too appears unlikely now
MARKETS
Here comes the Shaktikanta Put
The central bank has tried to reduce borrowing costs for the Centre, the states and companies
BUSINESS
Are the new RBI MPC members hawks, doves or owls?
The vast body of their writings across books, articles in newspapers and periodicals, and academic articles offers some clues
BUSINESS
Moneycontrol Pro Weekender | Chaos Theory
A delayed or close election, which could lead to a round of legal wrangles, is the last thing nervous investors want, especially when COVID-19 cases are still rising.
BUSINESS
RBI should put depositor interests first at Lakshmi Vilas Bank
Regulator needs to restore depositor trust, introspect on overhaul of its supervision system
BUSINESS
Delay in RBI MPC meeting shows blasé attitude towards economy
The RBI has been at the forefront of the fight against economic distress also because the Centre’s Rs 20-lakh crore stimulus package leaned heavily on bank lending
BUSINESS
No country for small firms
Small firms have been struggling for the past five years, RBI analysis shows
BUSINESS
The Acharya-Rajan formula to reform Indian banks
New paper suggests a sequence of reforms to overhaul the Indian banking system
BUSINESS
Rise in Mudra NPAs a sign of what lies ahead
While the economic slowdown is convenient to blame for this pile-up of Mudra bad loans, remember that directed banking by the state is an equally potent reason
BUSINESS
Is there more steam left in the rupee rally?
A current account and balance of payments surplus could continue to support the rupee even if the RBI resumes buying dollars
BUSINESS
Will loan restructuring criteria leave out deserving companies?
Ultimately, a lot depends on how quickly demand will recover and to what extent
BUSINESS
Relief for borrowers should not come at the cost of undermining banking system
A strong banking system is a necessary condition for sustainable and broad-based economic recovery
BUSINESS
Will bond yields sustain below 6 percent after RBI moves?
For yields to remain below 6 percent, RBI should be ready to absorb Rs 2-3 lakh crore of government paper and this should be announced sooner rather than later
BUSINESS
No surprises in Moody’s downgrade of SBI
SBI is a proxy for the Indian economy. Given the expected deep economic contraction due to the COVID-19 pandemic, it would be a surprise if SBI maintains asset quality and profitability in the coming 12-18 months
BUSINESS
RBI directive on ad-hoc reviews: Is there more than what meets the eye?
The central bank has pulled up lenders for not sticking to rules when it comes to renewal or review of credit facilities
BUSINESS
The first step to revive power sector is maintain sanctity of contracts
UP’s move asking power generators to offer discounts to recover dues is just adding insult to injury
