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
BUSINESS
A one-time restructuring plan is welcome
RBI seems to have learnt from the lessons of the past, sets tighter boundaries for recast scheme
BUSINESS
A tough call for MPC in its last meeting
Can the MPC afford to see through this spike in inflation because demand is poor and inflation will eventually trend down?
BUSINESS
Stressing about bank capital
Macroeconomic shocks could lead to capital levels falling below 7 percent for multiple banks
BUSINESS
RBI Financial Stability Report: Notes for investors
Only when the pandemic runs its course and various loan moratoria or restructurings end, can we get a true picture of bank books
BUSINESS
Review | Urjit Patel book no tell-all; it is strictly for students of Indian economy and banking
The former governor of the RBI minces no words in describing the bad loan mess in government-owned banks. He does not spare any stakeholder, and rightly so
BUSINESS
Should India use forex reserves to recapitalise banks or fund infrastructure?
It is better to save forex reserves for a rainy day as the pandemic poses a huge unknown
BUSINESS
Why the government should listen to Raghuram Rajan
Former RBI governor predicts that bank NPAs will rise to unprecedented levels.
BUSINESS
Das Kapital| RBI governor wants banks to improve buffers, but where will the money come from?
Meeting the minimum capital requirement is necessary, but not a sufficient condition for financial stability, said Das
BUSINESS
Deepak Parekh, KV Kamath too join chorus for a one-time loan recast. Should RBI listen?
Moral hazard is the biggest problem with loan restructuring schemes. But extraordinary times call for extraordinary measures
BUSINESS
Why the ebullience of KV Kamath is justified
It’s true that the Indian economy is indeed recovering fast, but other factors need to click for this recovery to be sustainable
BUSINESS
The risks of trading like Robinhood
These fresh retail investments will likely turn tail even when slightly spooked, thus adding more volatility to the market
BUSINESS
Credit raters seeking to withdraw ratings yet another red flag for impending NPA surge
Banks may have to set aside more capital for these loans because loans that are unrated or sub-investment grade carry higher risk weights
