Indian Banking System

Tracking India’s economic slowdown: Why Narendra Modi govt shouldn’t delay fiscal stimulus to revive struggling industries

Industry captains are marching to the North Block making their case for an urgent fiscal stimulus. Big and small companies are announcing job cuts one by one.

Finance minister Piyush Goyal to meet heads of 15 PSBs tomorrow to discuss future of NPA-ridden banking system

The meeting is being organised by State Bank of India (SBI) and will be chaired by Finance Minister Piyush Goyal in Mumbai

Nirav Modi scams PNB: The prime minister and his govt must put an end to this ‘Gujarat model’ of financial manipulation

Jeweller Nirav Modi joins a list of smart young Gujarati men — including Harshad Mehta, Hiten Dalal, Jatin Mehta and Ketan Parekh — who have in the last few years easily taken thousands of crores each from Indian banks

PNB fraud: Banks will have to be equipped with better risk management tools as NPAs pile-up

Fraud typology is roughly the same across countries. But where India is probably way behind is in the preparedness of banks in fraud risk management.

Book review: How PSU banks were in denial mode on NPAs and how RBI cushioned impact of 2008 economic crisis

In June last year, the RBI referred 12 accounts, totalling about 25 percent of the gross NPAs, for resolution under the new Insolvency and Bankruptcy Code

FRDI Bill: Deposit holders have always faced a certain level of risk, but that is how banking system works

Only logical way to assess issue of deposits is to see if depositors are going to be worse off with FRDI Bill in picture.

Urjit Patel for public sector bank mergers, says need fewer but healthier banks

India's central bank is grappling with the large stressed banking sector balance sheets.

Bad loan burden: Three reasons why it's a long and hard drawn battle ahead for Indian banks

This time round it may not be easy for the banking system as a whole to revive in next three to five years

SBI numbers show promise but worst is not over for public sector banks

Loan growth has been robust for SBI in the September quarter with its advances growing by 9.7% on a yoy basis, which, in turn, helped the lender to manage strong growth in Interest income.

Crony capitalism: The truth about Indian banking is finally coming out

One of the well kept secrets about the fragile state of the Indian economy is gradually coming out in the open. The Indian banks are not in great shape. How will this mess be cleaned?