'Das is friendly, but he finally does what he does. The quality of engagement is very good.' IMAGE: Reserve Bank of India Governor Shaktikanta Das addresses the media during a press conference......
'It is nice that the banking system is in good shape.''It is a little early to call it too good because I think it was too bad in the past.' Illustration: Dominic Xavier/Rediff.com The......
Reserve Bank of India's asset quality review of large lenders shows under-reporting. Reserve Bank of India (RBI) Governor Raghuram Rajan’s insistence on a “deep surgery” to help......
'The concern that the bad bank may create a moral hazard for the system is extremely valid.'Hamsini Karthik reports. Illustration: Uttam Ghosh/Rediff.com The idea of setting up a bad bank partly......
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal......