Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
The limit of indebtedness comes down to Rs 15,000 crore from 2018-19, and then Rs 10,000 crore from April 2019 onwards
However, RBI would continue to nudge banks to cut lending rates
Banks to get more aggressive and act like PE investors
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
They now believe their money will be repaid after completion of the tenure of the instruments they have invested in, says Anup Roy.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
Deficits could come under more pressure in coming years as states implement their own Pay Commissions.
Rather, the existing ones should be implemented speedily to clean up the mess.
According to bond dealers, the spike in CD issuance could indicate that liquidity won't remain as comfortable by the end of the financial year (March 31) as it now is.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.
Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.
The cell was formed after attacks on the Bangladesh central bank by international hacker groups siphoned off millions of dollars.
'For the RBI, for a central bank, reputational risk is the worst risk.' 'Credibility is the worst risk,'
'RBI is taking all steps to complete the process expeditiously so as to release firm figures at an early date.'
The prime minister's sop is expected to give a massive boost to priority-sector housing loans, thereby pulling the entire housing loan portfolio of banks.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.