All stories by Anup Roy
How India saved $30 bnRediff.com26 Dec 2018
India imports 1.2 billion barrels of oil, and oil prices are falling, falling...
One more headache for RBI Gov!Rediff.com21 Dec 2018
The HR challenge seems to be one of the most important issues that RBI Governor Shaktikanta Das will have to tackle.
Staffers expect new Governor to bring old RBI backRediff.com18 Dec 2018
Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics
5 key challenges that Shaktikanta Das faces as RBI guvRediff.com12 Dec 2018
A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.
Genuine defaulter is a delusion: RBI deputy governorRediff.com12 Dec 2018
For willful defaulters, change in ownership accompanied by punitive action against the defaulting management is the way to go.
When RBI governors fought for the bank's autonomyRediff.com5 Nov 2018
Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself.
IL&FS fallout: NBFCs may run into choppy watersRediff.com3 Oct 2018
The general nervousness because of the IL&FS default will prevail in the system for now.
RBI may hike rates in October despite bond turmoilRediff.com27 Sep 2018
At least a 25 basis points hike can be expected on the October 5 policy
Falling rupee puts spotlight on govt in election yearRediff.com8 Sep 2018
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
Will RBI hike rates in October?Rediff.com5 Sep 2018
The rupee has depreciated 10.5 per cent against the dollar this year, making it Asia's worst-performing currency.
Was RBI right to let the rupee slide?Rediff.com4 Sep 2018
Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.
IBC effect: Promoters are lining up to pay their duesRediff.com11 Jul 2018
Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
Will rupee breach 70 a dollar?Rediff.com29 Jun 2018
The immediate concern for the rupee is the sharp spike in oil prices
How Ujjivan plans to give shape to Modi's financial inclusion dreamRediff.com1 Jun 2018
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
Will Modi's big ticket reforms help the banking sector?Rediff.com29 May 2018
Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.
RBI to use 'plain English' and de-jargonise its documentsRediff.com15 May 2018
The RBI now brings in important and contentious changes directly through voluminous Master Directions, or Master Circulars
Stressed bond dealers get RBI helpRediff.com5 May 2018
Central bank moves to infuse liquidity into bond market to help boost sentiment.
Bonds: Rising interest rates may hurt India's GDPRediff.com2 May 2018
As yields rise, bond prices fall. Higher yields not only translate into losses for investors, it also pushes up borrowing cost for companies as well as government
How a weak rupee hurts India IncRediff.com2 May 2018
A weak rupee, though seemingly good for exporters, would push up input cost further for Indian companies.
How RBI is trying to keep the rupee strongRediff.com30 Apr 2018
Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.
RBI moves to keep FPIs invested in bond marketRediff.com30 Apr 2018
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
RIL's cost of borrowing gives India Inc jittersRediff.com25 Apr 2018
If Reliance has to pay about one percentage point more for short-term money, the bond market could be out of bounds for many lower-rated firms after some time.
How the bond market has upset govt's fiscal mathRediff.com12 Apr 2018
For current financial year, govt plans to borrow Rs 2.88 trillion in the first half of 2018-19, out of Rs 6.05 trillion planned for entire year
Who will buy Rs 4.6 trillion bonds?Rediff.com21 Mar 2018
With banks staying out of the bond market, and foreign investors exhausting their investment limit, the question is: Who will buy the Rs 4.6 trillion bonds that will be issued from April.
How household savings recovered quickly post DeMoRediff.com12 Mar 2018
According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban
'Top business houses have spread themselves too thin'Rediff.com5 Mar 2018
'Some business families would probably have to revert to their core businesses, which the IBC will ensure.'
Meet RBI's man for all seasonsRediff.com26 Feb 2018
Y H Malegam, 80, will head the panel that will look into non-performing bank assets and their relation to the Rs 114-bn PNB scam.
PNB fraud: Most PSBs have kept SWIFT outside core bankingRediff.com21 Feb 2018
It is up to the bank management to decide which application gets to interact with the CBS
RBI revises framework to resolve stressed bank accountsRediff.com13 Feb 2018
Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.
Banks don't want changes in MCLR calculation: RBIRediff.com12 Feb 2018
Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad
Why foreign banks are going slow on IndiaRediff.com19 Jan 2018
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Why RBI does not want to hike ratesRediff.com17 Jan 2018
Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut
Interest rates unlikely to change in whole of 2018Rediff.com5 Jan 2018
Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs.
Post DeMo, bank credit grows at over 10% in DecemberRediff.com4 Jan 2018
Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.
Banks are responsible for bad debt mess: RBIRediff.com22 Dec 2017
Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage
'RBI now has a problem of plenty'Rediff.com5 Dec 2017
While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.
Depositors, don't worry about losing money: BankersRediff.com2 Dec 2017
Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?
'We have to transparently define what is fraud and what is wilful default'Rediff.com24 Nov 2017
K C Chakrabarty, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules.
Bankers divided over tech vs human touchRediff.com7 Nov 2017
There's a long way to go before human beings are replaced by machines -- in banks at least.
Foreign banks' presence in India declining, confirms RBIRediff.com2 Nov 2017
Foreign banks had 317 branches in 2015-16; it has reduced to 286. In the same period, employee strength came down from 26,642 to 24,766.