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Tamal Bandyopadhyay

Tamal Bandyopadhyay, a consulting editor with Business Standard, is an author and senior adviser to Jana Small Finance Bank Ltd. You can e-mail the author at tamal.the@gmail.com

All stories by Tamal Bandyopadhyay

How the RBI's new home finance rules affect you

How the RBI's new home finance rules affect you

Rediff.com3 hours ago

'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.

Want to know what India's top bankers are up to?

Want to know what India's top bankers are up to?

Rediff.com6 days ago

The bosses of SBI, Union Bank and Central Bank have been driving down to their offices everyday to take stock of the biggest loan drive ever undertaken for MSMEs, discovers Tamal Bandyopadhyay.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

Bankers are COVID Warriors too!

Bankers are COVID Warriors too!

Rediff.com11 Jun 2020

'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.

Nirmalaji, junk rating agencies, save the economy

Nirmalaji, junk rating agencies, save the economy

Rediff.com8 Jun 2020

'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.

Explained: How P2P lending can help us

Explained: How P2P lending can help us

Rediff.com2 Jun 2020

'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.

Why it makes sense for banks to lend to MSMEs

Why it makes sense for banks to lend to MSMEs

Rediff.com19 May 2020

'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.

RBI wants to end lazy banking

RBI wants to end lazy banking

Rediff.com6 May 2020

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.

Will RBI's rate cut force banks to lend?

Will RBI's rate cut force banks to lend?

Rediff.com28 Apr 2020

'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.

BIG headache awaits banks this September

BIG headache awaits banks this September

Rediff.com21 Apr 2020

'We do not know when we will get to the business-as-usual mode.' 'Many borrowers may not be able to pay up.' 'The incidence of cheque bouncing has doubled or even trebled, some lenders say,' says Tamal Bandyopadhyay.

What should the RBI do next, Mr Das?

What should the RBI do next, Mr Das?

Rediff.com17 Apr 2020

'No one cares about fiscal deficit now. Or for that matter, inflation.' 'The focus is on growth and growth alone.' 'RBI needs to break the risk aversion of banks and infuse adrenaline in their veins', says Tamal Bandyopadhyay.

Explained: The 3-month loan moratorium

Explained: The 3-month loan moratorium

Rediff.com14 Apr 2020

'Common sense says if one can afford, servicing the loans during this period is a better bet than postponing it by three months,' says Tamal Bandyopadhyay.

Why did RBI take this route to save Yes Bank?

Why did RBI take this route to save Yes Bank?

Rediff.com17 Mar 2020

'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.

Public sector banks are not out of the woods yet

Public sector banks are not out of the woods yet

Rediff.com5 Mar 2020

'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is, with some of the banks being merged,' says Tamal Bandyopadhyay.

If your bank goes bust, how much money will you get?

If your bank goes bust, how much money will you get?

Rediff.com18 Feb 2020

'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.

Coming soon! The end of public sector banks

Coming soon! The end of public sector banks

Rediff.com23 Jan 2020

'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.

Let's pray we see closure of bad loans

Let's pray we see closure of bad loans

Rediff.com20 Jan 2020

'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.

Where have all the women bankers gone?

Where have all the women bankers gone?

Rediff.com7 Jan 2020

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.

Why are banks afraid of trade unions?

Why are banks afraid of trade unions?

Rediff.com1 Jan 2020

Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.

The uncertain times continue for banks

The uncertain times continue for banks

Rediff.com26 Dec 2019

It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.

How has the RBI governor fared in Year1?

How has the RBI governor fared in Year1?

Rediff.com17 Dec 2019

'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.

How to give the economy some animal spirit

How to give the economy some animal spirit

Rediff.com20 Nov 2019

Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.

Time is running out for Lakshmi Vilas Bank

Time is running out for Lakshmi Vilas Bank

Rediff.com14 Nov 2019

'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.

Is our money in the banks safe?

Is our money in the banks safe?

Rediff.com7 Nov 2019

'Clearly, the depositors of cooperative banks need the maximum protection.'

Deed done, now to make mega bank merger work

Deed done, now to make mega bank merger work

Rediff.com18 Sep 2019

'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.

Will Ravneet Gill manage to 'save' Yes Bank?

Will Ravneet Gill manage to 'save' Yes Bank?

Rediff.com29 Jul 2019

Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Rediff.com9 Jul 2019

Tamal Bandyopadhyay details HDFC Bank's digital journey.

'Fresh start', a big challenge facing the microfinance industry

'Fresh start', a big challenge facing the microfinance industry

Rediff.com1 Jul 2019

The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.

6 suggestions for Nirmala Sitharaman, India's new FM

6 suggestions for Nirmala Sitharaman, India's new FM

Rediff.com3 Jun 2019

Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.

Let's find new ways to clean up banking

Let's find new ways to clean up banking

Rediff.com20 May 2019

'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.

Is there a possibility of next rate cut?

Is there a possibility of next rate cut?

Rediff.com17 May 2019

Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.

Why bank chiefs are worried about their pay structure

Why bank chiefs are worried about their pay structure

Rediff.com29 Mar 2019

The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.

Why benchmark rate for bank loans is still an illusion

Why benchmark rate for bank loans is still an illusion

Rediff.com13 Mar 2019

None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.

What LIC needs to do to turn IDBI Bank profitable

What LIC needs to do to turn IDBI Bank profitable

Rediff.com8 Mar 2019

While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.

Lessons India Inc can learn from Kochhargate

Lessons India Inc can learn from Kochhargate

Rediff.com22 Feb 2019

Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.

EXPLAINED! How Kochhargate unfolded

EXPLAINED! How Kochhargate unfolded

Rediff.com20 Feb 2019

In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.

Challenges facing the 3 musketeers of Indian banking

Challenges facing the 3 musketeers of Indian banking

Rediff.com6 Feb 2019

What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?

Is India's insolvency law really solvent?

Is India's insolvency law really solvent?

Rediff.com31 Jan 2019

Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.

What 2019 holds for the banking sector

What 2019 holds for the banking sector

Rediff.com19 Jan 2019

The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.

An open letter to the RBI governor

An open letter to the RBI governor

Rediff.com11 Jan 2019

Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.

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