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Cut in repo rate – lower than expected New capitals of Migrant banks What is the priority – mergers or NPA reduction? Just 660 days! Target over-ambitious... The paradox: clamour for the Goliath and David Reaching out: is it slowing down? Aadhaar, niraadhaar and banking Greet Lakshmi the banking robot Growing volume of stressed assets… Needed a Banking Atlas Big bank merger, bigger expectations Managing NPAs... Small is ‘more’ beautiful Why priority status? Good, bad and ugly LVB- A supermarket of financial services Rationalised Mega merger is on Cautious and considerate Drop in SLR- sparing lendable resources The collaboration suite of cyber criminals One down in private sector Small finance payment banks... Financial inclusion vs unclaimed deposits Ernakulam excels... Too big to fail and too small to sail Reaching the Unreached… It’s a war on black money, support it. Ferrying digital banking to Lakshadweep Another route for achieving financial inclusion Banking in Telangana Growing gainfully Capital base of regional rural banks raised Fund healthcare clinics in villages... How ‘secure’ are the secured loans? Insatiable appetite for credit Bottomlines shrink, bad loans rise... Lacklustre credit expansion Payment banks have arrived How okay are new banks? Anytime banking to anywhere banking Thirty more cities seek to become SMART Monetary policy continues to adopt dis-inflationary path Small finance banks offer high interest rates Smart banking in smart cities Well-lived... New bank licences, at last... Two banks: their jubilees and performances Bank deposits account for 46.3 per cent of household savings Targets continue to be ad hoc All that glitters is not gold... Perhaps small is more beautiful than big! A bank for women, by women Banking overhauling or reorganisation? Emerging crisis Cradle of banks to a smart city... Stage set for Indian ‘avatar’ of foreign banks From lazy banking to easy banking Nothing much can happen…. A new development bank rising in the east… Governance in Reverse Gear? Why any time money? A development bank for BRICS Who is the real beneficiary? Hesitancy in announcing year-end results United India Insurance - Rs 110 crore losses have been claimed till now due to floods in Tamil Nadu Banking on Risk Indian customers are tech savvy Grows Bigger Drastic decline in asset quality Holy or unholy? Merger mania haunts banks
 
Governance in Reverse Gear?

Public sector banks have come under criticism for their lacklustre performance on the profitability front during FY 2014, attributing to their miserable plight to the absence of effective corporate governance. The mounting volume of non-performing assets is causing concern to both the owner and the regulator. The performance of banks in the private sector, particularly of the new generation, by comparison, has been much better.

There are certain sections of lobbies influencing the policy-makers, which plead for total privatisation of the banking sector. They are drawing inspiration perhaps from one of the wisest rulers of Delhi - Mohammad bin Tugluk - who was said to be quick in reversing his decision at any cost. Though the birth of public sector banks was based on political considerations, over the years they have irreversibly changed the banking map of the country. Rural India finds a place in the banking map today due to their efforts. To cite an example, which private sector bank would have dared to go to Lakshadweep islands? It was a public sector bank, which went there in 1972 and opened nine branches.

The track record of new generation banks of the private sector in entering into rural banking is dismal. Even after two decades’ of operations, only 17 per cent of their branches are located in rural areas, while the whole banking sector has 37 per cent of its branches functioning in rural areas. De-nationalisation of banks, at this stage would denigrate rural development.

Mounting non-performing assets of public sector banks is, no doubt, the most undesirable development. But bank managements alone cannot be blamed for this, since deceleration of economic growth has all pervasive impact on the economy. Slackness in corporate management is the other major factor responsible for this. Total professionalisation of the bank boards is the need of the hour. It is necessary to make a review of the norms stipulated for board-level representations.

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