Early September, when the National Statistical Office announced that India’s gross domestic product (GDP) for the first quarter of the current fiscal year had contracted…
For Resereve Bank Of India, Bank Compliance Officers Are No Cleopatra
Given a choice, the prospective chief compliance officers (CCOs) of the Indian banking system would love to hear the Reserve Bank of India (RBI) describe…
Turning BANKING On Its Head
A string of public interest litigations entertained by India’s highest court on waiver of interest on interest or compounding interest on loans during the six-month…
LIFE After MORATORIUM: For Banks And Borrowers
In the last week of March, the Reserve Bank of India (RBI) had asked all lending institutions to offer a three-month moratorium to their borrowers,…
Credit Growth: Are We Barking Up Wrong Tree?
India’s banking regulator is upset with the extreme risk aversion of commercial banks, which are holding back the flow of credit to the productive sectors…
Can The Reserve Bank Of India Talk The Bond Yield Down?
In an interview with a TV channel last Friday, Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s commitment to growth and…
Five Wise Men And Reserve Bank’s New Window For Loan Restructuring
None could miss the collective sigh of relief from the bankers’ community on the Reserve Bank of India’s (RBI) decision to open a restructuring window…
How Many Banks Will Swim Naked?
IDBI Bank Ltd and Uco Bank did an encore in the June quarter. IDBI Bank posted a Rs 144.43 crore net profit, after recording a…