You are here
Home > Banking

PATI, PATNI AUR WOH

All bad things do not happen for a good reason. And they occur in an unplanned way. Who would have imagined Padma Bhushan Chanda Kochhar’s fall from grace? The Indian banking system is squeaking under the weight of Non-Performing Assets (NPA) to the extent of Rs.730,000 crore. The fraudulent transactions crisis

Thirty more cities seek to become SMART

The banking sector has a crucial role to play in implementing the ambitious plan for developing smart cities. Providing adequate financial support for private investment in housing, hospitals, roads, infrastructure and transport facilities in each of these places is the task assigned to the banks. With the recent announcement of 30 cities

Small finance banks offer high interest rates

Several small banks offer higher interest rates to build their resource base. It has a cost implication. Recently, the Reserve Bank of India has given licences to ten small finance banks. After lengthy scrutinies, nine of them have already entered the banking sector. While the controller of banking is in favour

Aadhaar, niraadhaar and banking

Aadhaar is a 12 digit number issued to all citizens in India by the Unique Identification Authority of India. UIDAI claims 93 per cent of adult residents possesses this unique identity, aka Aadhaar. Aadhaar has now swept the nation off its feet.  Paul Romer, chief economist of the World Bank, hails

Payment banks have arrived

One crucial implication of payments and bank business would be the drastic decline in the footfalls at the branches. Even several ATMs may find a reduction in their operations. During the last five decades, banks conducted several experiments of which only a few have been successful. Gramin bank is one of

How ‘secure’ are the secured loans?

While the big defaulters are the major causes of banks’ sickness, recoveries in small suits could be slowly denting their profitability as it is a long drawn process. Lending may be easier, but not recoveries. Before banks emerged in India, money-lenders who dominated lending business, primarily looked to snaffle the fixed

PSUs – Stem the rot before mergers

Another clutch of 197 banks, known as Regional Rural Banks, promoted jointly by the Central government, the state governments and the lead banks in the districts, was floated. A series of mergers and acquisitions saw that number dwindle to 56 over a period of time. Currently, they play a positive

Top