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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

Meet SBI's new boss

Meet SBI's new boss

Rediff.com15 Oct 2020

DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.

Why is RBI allergic to 55-year-old bankers?

Why is RBI allergic to 55-year-old bankers?

Rediff.com6 Oct 2020

Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.

Loan moratorium: Who will pay interest?

Loan moratorium: Who will pay interest?

Rediff.com24 Sep 2020

If banks cannot charge interest from borrowers during the moratorium, who will bear that cost? Should the depositors subsidise the borrowers by foregoing interest on deposits? In that case, we will turn banking on its head! notes Tamal Bandyopadhyay.

Rs 8 trillion of banks loans will be restructured!

Rs 8 trillion of banks loans will be restructured!

Rediff.com16 Sep 2020

What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.

The 5 wise men who will decide corporate loan recast

The 5 wise men who will decide corporate loan recast

Rediff.com31 Aug 2020

Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.

Should market experts be part of RBI's MPC?

Should market experts be part of RBI's MPC?

Rediff.com21 Aug 2020

'Three external members of the first MPC are respected researchers with excellent academic background, but there is no harm in considering academicians with diverse backgrounds such as finance and labour along with economists for this body,' recommends Tamal Bandyopadhyay.

'It is not easy to be a gatekeeper of financial stability'

'It is not easy to be a gatekeeper of financial stability'

Rediff.com19 Aug 2020

'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'

'There is a need for more supervisors at the RBI'

'There is a need for more supervisors at the RBI'

Rediff.com19 Aug 2020

'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'

When an American professor worked at the RBI...

When an American professor worked at the RBI...

Rediff.com10 Aug 2020

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.

Why reduce the bank CEO to a titular head!

Why reduce the bank CEO to a titular head!

Rediff.com4 Aug 2020

'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.

7 out of 12 PSBs made losses in first quarter

7 out of 12 PSBs made losses in first quarter

Rediff.com22 Jul 2020

'The PSBs ended up recording Rs 7,709 crore losses in the March quarter compared to the Rs 11,688 crore profits of their private peers,' reveals Tamal Bandyopadhyay.

Want to buy a house? Now is the time!

Want to buy a house? Now is the time!

Rediff.com17 Jul 2020

'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.

Do you use Fintechs? Read this please!

Do you use Fintechs? Read this please!

Rediff.com15 Jul 2020

Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.

How the RBI's new home finance rules affect you

How the RBI's new home finance rules affect you

Rediff.com6 Jul 2020

'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.com30 Jun 2020

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.

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