Coronavirus will paralyse gig economy, big businesses; it's up to policymakers to not let this become full-blown economic crisis
To address the problems arising out of the unique structure of the Indian economy and to ensure that the economic engine keeps cranking, both monetary and fiscal measures will be required soon.
In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot
The highlight of the December quarter GDP data is not just the GDP numbers alone, but the massive revisions of the past data
At 10.8%, growth in infra credit is back to FY15 levels; economy is riding on the back of govt spending
Its not just infrastructure loans, overall lending to industry too has shown a reviving trend after staying in the negative for two consecutive years.
Finance ministry likely to finalise capital infusion of Rs 54,000 cr in public sector banks this month
In this round of fund infusion, most of the banks would be getting growth capital for expanding their lending, particularly to micro, small and medium enterprises (MSMEs).
The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the road
We now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg
The demand for bank loans for MSMEs will pick up only when overall economic activity improves with sector specific measures
Raghuram Rajan says cleaning up bank balance sheets biggest challenge, reduced lending holding up economy
Before bringing more change in the public sector banking system, it is extremely important that the banks get back into the business of lending, Rajan said.
Warning that recovery is a long way off, Acharya said sectors with the most stressed assets have so much excess capacity relative to current or near-term utilization that there is no sign of a pickup in higher capacity utilisation.
Demonetisation would have been a clean-hit for Modi had he executed it with enough preparation. But, the hurried, poorly-thought out action has backfired badly on the economy and the pain is likely to outweigh the likely long-term gains of curbing black money, counterfeit notes and corruption
Want banks to pass on the full benefits in the form of lower lending rates for both consumers and investors to aid economic growth
Home loan borrowers in smaller cities are likely to be the biggest gainers from the RBI move due to limited supply at affordable price points in the larger cities
The last time banks went on an overdrive while lending to corporates they burnt their fingers badly, with corporates defaulting big time on their loans
Nine large Indian bans have NIMs above 3 percent while US banks' average stands around 2.95 percent
Do not expect a major rate reduction by banks now
Most economists expect Rajan to cut repo rate, the rate at which it lends short-term funds to banks