There is a lot more work to be done before private investors stick their neck out in the game
If one goes by the size and number of subsidiaries/branches, Bank of Baroda is bigger than ICICI
The Austrian School of Economics predicts that America's economic woes cannot be ended with more liberal and free money. But that is exactly what the US Fed may end up doing for fear of another economic collapse.
If the government acts with urgency and push ahead the reform promise, a slowing world is a big opportunity for India to consolidate its position emerging stronger out of the crisis
Perhaps, it would have made more sense if Bandhan chose to become a small finance bank, since such an entity perfectly fits into the stated scope and objectives of the organisation
Competition is set to intensify for public sector banks, and some of them will be dead ducks unless the Modi government either privatises or downsizes them to become narrow banks
This will be a big relief to employees and staff unions hope it will improve the productivity
Since payments banks do not require huge amount of capital, India Post will not have to struggle much to seek the capital assistance from the finance ministry
When the big boys - from Reliance to Birlas to Mahindras to the big telcos like Airtel and Vodafone - enter the picture, surely it is a big deal. Yes, payment banking will revolutionise Indian banking
The government should act on these three points if banks’ NPA problems need to be addressed effectively.
Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry said further such hiring of CEO and managing directors in banks would be from existing public sector talent pool.
The June quarter earnings announced by other state-run banks too indicate continuing stress on the asset quality front
The fall in global gold prices is an opportunity for the RBI to buy gold for its reserves. The same logic that applied in 2009, when it bought gold from the IMF, applies now.
Banks are in a difficult position due to their state of asset quality and poor economic conditions; it will be better to show NPAs as NPAs as early as possible and come clean
The reduction in June CDR numbers no way indicates that the underlying stress in the books of banks have eased miraculously
Rajan's message in RBI policy: For small borrowers to benefit, banks should cut rates deeper
The Rs70,000 crore infusion certainly offers a breathing space for PSBs to clean up their balance sheets
ICICI Bank has an exposure of Rs 5,780 crore to debt-ridden infrastructure firm, J P Associates
The survival of state-run banks in the long-term is inevitably linked to the government’s willingness to cut stake in public banks and letting these banks raise capital
The practice of covering up bad loans has come down after Rajan took away the leeway to push bad loans into restructured basket. Banks are now more cautious
It would be useful for the government to plug the holes while doing it math on bank recapitalization, so that the taxpayers’ money is spent wisely
Distressed farmers indeed need support, but repeatedly pushing banks to meet farm credit targets, without assessing the risk, is a perfect recipe to create a farm loan bubble.
the bank is unlikely to face any major opposition from such an exercise from employee unions since unions themselves have demanded total de-linking of the arms
The Bandhan Bank board has been drawn from experienced bankers like former chairmen of PSU banks
India’s changing rural landscape warrants a reworking of policies related to resource allocation to the sector
Jaitley should hurry on legislating a bankruptcy law; it is critical for the recovery of bank loans in many similar cases