Dec 10, 2020 10:58 AM IST
It would be a giant leap of faith to believe that the new banks backed by return-seeking private capital will target the segments and geographies left unserved or underserved by the established large banks
- Nov 30, 2020 02:04 PM IST
RBI’s working committee report's recommendation that large NBFCs and corporate houses should be given banking permits has set off a huge debate.
- Nov 25, 2020 01:40 PM IST
India needs loan growth in double digits for GDP to grow above 6 percent. For that, new banks are necessary and the most viable model is corporate-owned banks
- Nov 25, 2020 12:16 PM IST
The RBI working group, which submitted its proposals last week, also recommended increasing the promoter holding limit in private banks to 26 percent from 15 per cent currently and a cap of 15 per cent for non-promoter shareholders.
- Nov 25, 2020 08:46 AM IST
As experts and policymakers engage in debate and discussion over the new guidelines set by RBI’s Internal Working Group, it is interesting to go back in history when connected lending led to bank failures
- Nov 24, 2020 07:15 PM IST
Corporates have money and experience which can benefit the banking industry. People are criticising this part. But with right kind of monitoring and supervision, these risks can be addressed.
- Nov 24, 2020 03:40 PM IST
There are many NBFCs that do not want to become banks.
- Nov 23, 2020 04:07 PM IST
The former central bankers cite the risks in letting businesses run banks.