Never before has the need for creating an ambience for economic policy reforms been as critical as it is now, points out A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com This is......
New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee. The architect of modern Indian banking,......
Credit rating agency ICRA has said that mergers are one of the best options for growth of Indian banks but warned that it may not solve some "basic problems" of Indian banks plagued by inferior......
Amidst the ongoing talks of consolidating small state-run banks to create one or two globally large size banks, Reserve Bank governor D Subbarao today cautioned against making a 'too-large-to-fail'......
The idea of limiting induction of private sector talents only for top management positions is also being seen as a half-hearted step incapable of bringing about the transformation sorely needed in......
But their trajectory and direction have been largely influenced by politics and the political leadership's understanding of how the economy needs to be managed, explains A K Bhattacharya. IMAGE:......