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Bankers Met Reserve Bank

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'Most Indian promoters don't want to default'

StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.Illustration: Dominic XavierRediff.com Zarin......

Kamala Das: Celebrating the faithless

I first met Kamala Das in Bank House on Backbay Reclamation. The flat was quite close to what is today my office in Nariman Point (in Mumbai). I had come from Kolkata, where I lived in those days,......

Why Citi is exiting India

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India Citibank started the consumer banking business in 1985.......

Rana Kapoor: Banker gone Rogue

'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures;......

Airlines seek easier loan restructuring norms

For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while ‘debt to Ebitda’ has to be equal to or less than 5.5. Indian airlines,......

RBI extends loan restructuring facility to India Inc

Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard. Illustration: Dominic Xavier/Rediff.com In a major relief to corporate and retail......

Explained: What the RBI is telling banks

'Credit expansion is probably the quickest way to get the economy going again.''Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but......

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Coming to India and making

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