State-run banks cannot afford to hold on to their archaic methods of functioning and wage settlement if they want to retain their market share
Beyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget
Even if SBI manages to take possession of the property and sell it, that will help the lender to recover only a fraction of the total repayment obligations
If the service standards continue to deteriorate, public sector banks will have no customers and if there are no banks, unions will also cease to exist
Would smaller, ‘less efficient’ banks have to die a natural death in due course?
The capital infusion has been decided based on the performance of the bank. Better the performance higher will be the infusion
In the absence of a clear road map, it wouldn’t be too distant a future before one sees a crisis situation in some of the weaker state-run banks
India is set to witness the biggest banking revolution ever happened. Good news for half of the country’s unbanked poor
The Jan Dhan Yojana scheme's success depends on how active these accounts become. One sign: the number of zero-balance accounts is falling. The LPG cash transfers may be helping
As many as 72 applications for small finance banks and 41 applications for payments banks were received by the RBI
In the long term, the SLR cut will make the country’s banking system efficient to cater to the demands of a growing economy
Rajan said the RBI has formed two external committees to evaluate applications received
If one goes by the indications, Tuesday’s policy is likely to be largely a non-event; but Rajan can always surprise
The market and the business community will focus more on the RBI's stance in the statement and in the governor's press conference
Once micro-finance institutions become banks, they can tap public savings and lower their dependence on bank finance
It will be of interest to hear whether or not the RBI would be talking of its present ideology with respect to the number of policies that it would be pursuing
Individual banks should be given the autonomy to offer deserving compensation to those who employees who perform well
This is a wake up call for other state-run banks too to begin tapping the fresh investor appetite before the market gets crowded by a series of similar issues
Union Bank’s numbers are in contrast to its private peers which have witnessed an improvement in NPA situation
Until the time banks choose to cut their lending rates in a meaningful manner for the retail customer, the RBI rate cut doesn’t have much sense for the common man
Once the stalled projects are up and running, foreign investments will naturally flow in.
Agreements related to the first tranche of 55 million euro and the second of 45 million euro were signed in June and November 2014
The reserves jumped by $2.66 billion to reach $322.135 billion in week ended January 16
Selling non-core assets to clean-up the balance sheets, will be a win-win situation for both banks and the companies
Students of the listed educational institutes will gain access to loans in a hassle-free manner
It remains to be seen to what extent the government will fulfil the capital requirements of state-run banks or lay down a roadmap for this
The record has comes even as there are doubts about the veracity of the accounts opened.
Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios.
The changes suggested will make banks more responsive to the rate signals from the Mint Street and put in place some fair rules when it comes to pricing of credit
The Swiss National Banks' decision to abandon the euro exchange rate ceiling last week shows the limits to central bank power in turning the tide against deflation, It is time for fiscal policy to step in.