Banking sector’s silent battle
RBI’s governance circular which also limits the tenure of bank CEOs has bank chiefs in a spin. What are the implications of this silent tussle?
banking reforms
August 2021
July 2021
March 2021
February 2019
September 2018
January 2018
Nikhil Kamath on why banks don’t attract money
As the Reserve Bank of India has kept key rates unchanged, fixed deposit rates at banks are at a historic low. As a result, banks have lost their power to attract money, says Zerodha’s Nikhil Kamath.
The importance of foreign banks during downturns
Several studies have shown that foreign banks play a positive economic role, especially in emerging markets, by increasing local banks’ efficiency. India is no exception.
Had guts to direct RBI to act on NPAs: Piyush Goyal
Interim finance minister Piyush Goyal says the current government’s efforts towards tackling bad loans have paid off.
BoB shares plummet 16% on merger proposal
Shares of Bank of Baroda took a beating, while Dena Bank’s shares received a boost following the government’s announcement suggesting a merger of the two lenders along with Vijaya Bank.
Will bank recapitalisation succeed?
Opinion is divided but most agree that without well executed reforms at public sector banks, recapitalisation will be nothing more than putting good money into bad assets.
