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