Last week, the Assam Assembly passed the Assam Micro Finance Institutions (Regulation of Money Lending) Bill, 2020 to “protect and relieve the economically vulnerable groups…
Thoughts On Banking In New Decade
After reviewing the “current liquidity and financial conditions”, the Reserve Bank of India (RBI) last week announced yet another round of Operation Twist – a Rs10,000 crore…
Flashback 2020: Postponing The Inevitable? Or, Is There Hope?
On December 7, the Reserve Bank of India (RBI) cancelled the licence of the Karad Janata Sahakari Bank Ltd in Maharashtra and barred it from…
Past Imperfect, Present Happier Than Anticipated, Future Uncertain
With the December quarter coming to an end and most bankers putting on a brave face, announcing their resilience to take on the Covid-19 pandemic,…
That Sinking Feeling?
BOOK REVIEW : “Pandemonium: The Great Indian Banking Tragedy” M S Sriram Tamal Bandyopadhyay is no stranger to the financial press. He is a respected…
Is YES BANK Out Of The Woods?
For any banker worth his salt, being at the helm of Yes Bank Ltd in March 2020 would have been a hair-raising exercise. Not for…
Which Bank Next On The RBI Radar?
At the post-monetary policy press conference on Friday, Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s commitment to do “whatever is…
A No-Action Monetary Policy Buys Time For Growth
There is no surprise in the script of Friday’s no-action policy of the Reserve Bank of India (RBI), the last before the Union Budget in…