All stories by Raghu Mohan
There's more to bank frauds than meets the eyesRediff.com6 days ago
A common feature in India is the lag between the occurrence of frauds and the time they are actually reported.
MFIs' collections rebound in a big way, but delinquencies may surgeRediff.com8 Sep 2020
A vast majority of borrowers are in the essential services' supply chain with tiny and micro businesses, and this has sprung back.
How Aditya Puri 'built' the HDFC BankRediff.com14 Aug 2020
Puri gave up the comforts of Citibank to set up a new-age bank from a rat-infested room in the Kamala Mills Compound in Worli, Mumbai and build a marquee brand. A look at his 26-year stint as HDFC Bank's boss.
RBI readies plan to check health of banksRediff.com29 Jun 2020
The central bank has not set a deadline for banks to conclude the stress-test exercise, but senior bankers opine that some were already looking at this, and will now fast-track it by September-end, when they will have a better picture of their books after the moratorium on the servicing of loans and a 180-day view on the performance of borrowers' accounts.
RBI eases targets for white-label ATM firmsRediff.com17 Jun 2020
The poor deployment of WLATMs has tripped what the central bank sought to achieve back in 2012.
The rise and mighty fall of Rana KapoorRediff.com6 Apr 2020
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Officers cold to oversight cadre, RBI faces staff turmoilRediff.com27 Jan 2020
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
Why RBI officers are peeved with the central bankRediff.com29 Nov 2019
RBI's oversight cadre move creates HR trouble, officers threaten agitation.
Bank mergers and death of forex brokeragesRediff.com3 Oct 2019
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Bank mergers cast shadow on wage negotiationsRediff.com5 Sep 2019
Bank unions - officers and workmen - had buried their differences and sat across the table on August 29 to work out a fresh deal with the IBA involving a 20 per cent wage hike.
RBI tightens fit-and-proper criteria for directors on PSB boardsRediff.com5 Aug 2019
Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards
After 12 years, RBI set to modify fit-and-proper norms for bank directorsRediff.com30 Jul 2019
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
Pvt banks may not match SBI in lowering deposit ratesRediff.com30 Jul 2019
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
Governor Das to meet private bank CEOs on credit, liquidity concernsRediff.com9 Jul 2019
The overarching talking point will be the reluctance on the part of private banks to loosen their purse strings and increase lending substantially, even as the central bank believes there is adequate liquidity within the system.
Portfolio rejigs of RBI deputy governors soonRediff.com10 Jan 2019
Given the pressure from India Inc and the banking fraternity, it is surmised that the portfolio rejig will take place before April.
PNB fraud could have been prevented if only...Rediff.com11 Dec 2018
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
Why forex brokerage firms are staring at a dark futureRediff.com9 Nov 2018
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
RBI's new norms could hit ATMs' working, say banksRediff.com3 Sep 2018
According to the RBI's April 6 circular, cash loading companies, which take cash around the country, are supposed to increase their net worth to Rs 1 billion within 90 days.
If RBI has its way, you won't have to handle soiled notes everRediff.com27 Aug 2018
The specifics will also cover what's fit and proper to be a chest manager; the insurance and re-insurance aspects; and the new capital threshold, which is Rs 100 crore now.
Why banks are unhappy with inter-creditor agreementRediff.com21 Aug 2018
The heartburn is over six sensitive issues