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India’s smaller banks are fast losing their deposits to bigger rivals
This is no season for risk.
Indian banks’ bet on retail loans may have misfired due to coronavirus pandemic
No asset is risk-free.
Yes Bank crisis may be over for its depositors but India’s banking sector won’t recover soon
Supervisory role of RBI must be strengthened.
Why India’s central bank needs to wake up to the risks of climate change
A greener financial system.
India must raise public spending, but it may be too much to expect from Budget 2020
Investing in labour-intensive sectors is more effective than tax cuts.
India’s largest bank posted a nearly $1 billion loss in 2019, not $121 million profit as claimed earlier
SBI was expecting a relief from its bad-loan problem this year.
Another major scam rocks India’s fourth largest bank
Bank says it has been defrauded of $555 million.
Modi’s former top economist says India overestimated its GDP growth numbers
Reliable GDP estimates are required to make correct policy decisions.
Big brother’s bailout doesn’t mean Anil Ambani is out of the dumps
Reliance Group has an overall debt of Rs46,000 crore.
Why opening new branches is no longer a priority for Indian banks
For now, the focus is on trimming bad loans and going digital.
A year on, India is still reeling from its biggest bank fraud while the perpetrators are at large
Punjab National Bank posted a surprise profit last quarter
India’s public banks lost $1.5 billion last quarter—but no one’s complaining
Losses at state-owned banks are narrowing.
Indian banks may have an over Rs30,00,00,00,00,000 bad loan storm coming
As if the bad loan crisis at Indian banks wasn’t alarming enough, there is a ticking time bomb that can spark another crisis for the…
The 12 key takeaways from Narendra Modi’s last budget
The Narendra Modi government today (Feb. 01) delivered its last annual budget. Faced with a general election in weeks from now— and the scars of…
The good, the bad, and the ugly of Narendra Modi’s economic legacy
Narendra Modi, the prime minister, was a product of the mass exasperation against the misdeeds of the previous government. The regular revelation of corruption scandals,…
With 26,000 queries pending, India’s right to information law is as good as defunct
Back in 2014, when the Bharatiya Janata Party (BJP) ascended to power in India, it did so on the promise of running an open government…
India’s central bank throws a lifeline at debt-hit small businesses
India’s central bank has doled out a new year’s gift to the country’s small enterprises reeling from the double whammy of demonetisation and the goods…
Ten events that rocked India’s banking industry in 2018
When the over 150-year-old US investment bank Lehman Brothers went bust in September 2008, it sparked a global financial crisis and a gradual erosion of…
Why farm-loan waivers are a waste of time and money
The months leading up to a general election in India are almost always marked by competitive populism. As the country prepares to elect a new…
India throws another lifeline at its struggling government banks
India wants to expedite the process of pulling its ailing state-owned banks out of the woods. The government will soon seek parliament’s nod to sanction…