Bulk of the restructuring has happened over the last four-six quarters. So whatever plays out is going to play out in 2015-16 and Srinivasan Varadarajan, ED, Axis Bank believes that around 25 percent of restructured loans slipping into NPAs is something which is realistic to assume.
The measures announced by Reserve Bank of India (RBI) in the forex market were timely, feels Srinivasan Varadarajan, executive director of Axis Bank.
What will be the impact of the action taken already and what is the RBI trying to tell us about the way ahead? Experts delineate RBI’s words as well as the road ahead for the economy.
Surprise surprise! Industrial activity has picked up momentum after months of sluggish growth. Economists say this is an indicator that growth in Asia's third largest economy has not slowed down and that the RBI will continue its fight against inflation reports CNBC-TV18's Gopika Gopakumar.
India's industrial output growth jumped in June to 8.8% versus 5.9% in May. Experts speak about the IIP numbers and give their outlook going forward.
The RBI governor has been lately coaxing Indian banks to lower their net interest margins and improve efficiencies. So are Indian banks making excessive margins and excessive profits? Srinivasan Varadarajan executive director of Axis Bank, Professor TT Ram Mohan of IIM Ahmedabad and Anindo Bhowmik banking analyst from Fitch Ratings discuss.
The Deepak Mohanty Committee has made some marginal and some sweeping suggestions to the way the Reserve Bank operates in the market. Anjan Barua the chairman and managing director of the State Bank of India and Srinivasan Varadarajan executive director of Axis Bank analyse the report.
The credit policy poll indicates it will probably be a 25 basis points hike in the reverse repo and repo from RBI. But wouldn't that be too little in a situation where inflationary expectations seem to be clearly running away? Experts discuss.