StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.
Collection dived to 75-80% in November-December from 99% after demonetisation.
Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.
Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.
The cell was formed after attacks on the Bangladesh central bank by international hacker groups siphoned off millions of dollars.
Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.
The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".
'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.'
A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.
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.
Demonetisation impact: Money lenders make a comeback.
Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.
'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'
There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
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