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Budget has a vaccine for banking's virus

Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay. IMAGE: Kindly note that this image has only been......

Singapore-based DBS Bank plans to trim India branches in 2-3 years

The combined deposits of its Indian operations stood at SGD 9 billion and net advances were at SGD 5.6 billion at the end of December 2020. Singapore-based DBS Bank plans to scale down its network......

RBI's 3-pronged strategy to revive PMC Bank

The three investors that have submitted their final bids fpr PMC are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is......

Why bank branches are important even in Digital India

Despite the increasing adoption of digital transactions in the past three to five years, brick-and-mortar interaction across geographic catchments remains a potent distribution channel. Though the......

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on.And in doing so with the finesse of an able administrator.Anup Roy reports. Illustration: Dominic......
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FMCG biggie goes IPL-shopping; PE boss' deal

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.Splurge & PlayThe recent IPL auction meant... ...

https://economictimes.indiatimes.com/magazines/panache/suits-sayings-fmcg-bigshot-goes-ipl-shopping-pe-boss-gets-protective-about-big-deal-fire-dampens-mood-at-luxe-realty-show/articleshow/81145089.cms
DBS faces lawsuits in India post-takeover of Lakshmi Vilas Bank

“DBS has no incremental unprovided risks on these lawsuits,” it said. “Other legal liabilities in the normal course of business have also... ...

https://economictimes.indiatimes.com/markets/stocks/news/dbs-faces-lawsuits-in-india-post-takeover-of-lakshmi-vilas-bank/articleshow/81122444.cms
Budget has a vaccine for banking's virus

Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.... ...

http://www.rediff.com/money/column/tamal-bandyopadhyay-budget-has-a-vaccine-for-bankings-virus/20210217.htm
RBI's 3-pronged strategy to revive PMC Bank

The three investors that have submitted their final bids fpr PMC are not commercial banks. Among the three, one is a non-banking financial company.... ...

http://www.rediff.com/money/report/rbis-3-pronged-strategy-to-revive-pmc-bank/20210205.htm
The RBI needs to cut the Gordian knot that threatens financial stability in India

Where the RBI errs is in assuming more regulation of NBFCs will automatically mean greater safety. This is not true, as we saw in the context of... ...

https://economictimes.indiatimes.com/news/economy/policy/view-the-rbi-needs-to-cut-the-gordian-knot-that-threatens-financial-stability-in-india/articleshow/80437227.cms

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