It is time government thinks about ways to mobilise funds for farm sector from non-banking sources and stop forcing banks to lend
The weakness in core sector growth, along with falling inflation expectation of households, would logically put pressure on Reserve Bank of India (RBI) governor, Raghuram Rajan, to cut rates as early as the 7 April policy announcement.
There aren’t any convincing data between last policy and now that makes a case for a rate cut. But there is surely a consensus building up
The central bank also said it would consider setting a minimum percentage of capital requirements that companies must raise from corporate bond and commercial paper markets
India being heavily dependent nation on imported fuel, any major external shocks can significantly upset the inflation projections and rate stance of the central bank
SBI has refuted the claim saying it was a commercial call
The government's possible intention of bailing out state run banks using funds from LIC is a bad idea.
Clearly, Rajan can take a lesson or two from IMF chief’s warnings to avert a repetition of west-like financial crisis.
Patil is bullish on sectors that have domestic focus such as auto, but advises retail investors to be cautious while picking up stocks
The coal and spectrum auctions are good for the exchequer, but if banks have to lend to bidders and some of them go bust, the problem will blow up in Arun Jaitley's face as banks begin to face bankruptcy
If indeed inflation rises from its grave, Rajan may have to explain his rate easing policy stance
Adani Mining is building a 300-km rail line for its mega $16 billion Carmichael coal mine project in Australia's Queensland state
There is only one solution for all these problems: LIC should be allowed to function on its own - take investment decisions on its own.
State-run banks should be left to operate on their on and chances of their survival should be based on their competence, not the government aid
At Wednesday's meeting, Jaitley would also review the progress made on decisions taken at the two-day Gyan Sangam
This in percentage terms is 1.73 percent of total loans
The budget was a golden chance for Jaitley to keep the economic revival story intact by refuelling the banks. By choosing not to do this, Jaitley seems to be forgetting that someone needs to really fund the India growth story
The only option is to plug the leakages in the credit disbursal system to ensure that the loans reach the intended beneficiary
The Nifty was also a life time high as markets cheered the RBI's decision to cut monetary rates, a decision that it sees as a boost for industrial growth.
The RBI has endorsed the government's roadmap for economic recovery.
In an early morning press release the central banks said that the "softer readings on inflation are expected to come in through the first half of 2015-16 before firming up to below 6 per cent in the second half.
The new set-up will help the RBI escape from the mud-slinging from the finance ministry every time there is rate hike, but will also reduce its powers
Contrary to the general assumption, the monetary policy framework that assigns the task of management to the RBI is not one-sided. It implicitly commits the government too to a sensible fiscal policy, though this is not stated.
A growth revival is possible only if the Narendra Modi government walks the talk. The solution is not another RBI rate cut
Finance Minister Arun Jaitley on Saturday announced a slew of measures which experts said would help “energise” the banking system further, power recovery of loans and streamline decision-making.
Finance minister announces gold monetisation scheme and a sovereign gold bond apart from steps to boost recycling of the metal.
The responsibility of acting on recommendations such as reforming state-run banks and bringing in bankruptcy laws, rests with the government.
The government would do well if it acts in the direction offered by the economic survey
Industry leaders allege that beyond the budget announcements, the implementation of the scheme has been poor on the ground.
Until the time the government remains the majority owner in state-run banks, it can’t escape from the responsibility of funding these entities