Every political party loves to use the bait of loan waiver to woo the electorate.If their hearts bleed for the poor, they can always use the party funds to pay
Continue reading »Home »
What is the RBI governor up to?
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank’s approach.It needs to allow the yield to find its own level, gradually.To ensure
Continue reading »‘It would be a mistake to allow private sector corporate groups to own banks’
‘We still need a certain number of large public sector banks for financial inclusion and stability purposes.’ According to the latest Economic Survey, a V-shaped recovery is taking place in
Continue reading »Budget: Nothing but Housekeeping
The Budget would have been the perfect vehicle to introduce some bold initiatives.That opportunity has been lost through this Budget, observes Shreekant Sambrani. A Budget commentary can follow two, not
Continue reading »Banks need to gear up to meet new challenges following unwinding of measures to combat COVID, says RBI
Observing that banking soundness indicators are obscured under the asset quality standstill, it said, banks are raising capital in preparation of the imminent stress. Cautioning of imminent stress in the
Continue reading »Why RBI wants rupee to remain weak for some more time
The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that ‘Atmanirbhar Bharat’ strategy. A deluge of foreign fund inflow in India’s equity markets is
Continue reading »Congress opposes move to allow corporate houses set up banks
The Congress on Tuesday strongly opposed a proposed move of Reserve Bank of India (RBI) to allow corporate houses to enter the banking sector and set up banks. Its senior
Continue reading »RBI allows all NBFCs to co-lend with banks
Under the co-lending model, banks have to take their share of the individual loans on a back-to-back basis on their books while NBFCs are required to retain a minimum of
Continue reading »