Why linking loans to external benchmark won't be easy for banks

The debate on the merits or otherwise of external benchmarks also does not answer a fundamental question raised by Viral Acharya, the former deputy governor of RBI: “The issue is - who should......

Can Shaktikanta Das be a peacemaker between RBI, govt?

If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current......

Ambitious new bankruptcy code may take years to clean up India's debt mess

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors   A......

Moody's ups Indian banking sector outlook to stable

Moody's had assigned a negative outlook to the Indian banking system in November 2011 as it was of the view that the asset quality of the lenders was deteriorating. Moody's Investors Service today......