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Cautious and considerate Aadhaar, niraadhaar and banking Why any time money? Emerging crisis Financial inclusion vs unclaimed deposits What is the priority – mergers or NPA reduction? Governance in Reverse Gear? Indian customers are tech savvy Too big to fail and too small to sail How okay are new banks? All that glitters is not gold... Bottomlines shrink, bad loans rise... Insatiable appetite for credit Why priority status? Cut in repo rate – lower than expected From lazy banking to easy banking Another route for achieving financial inclusion Ernakulam excels... New capitals of Migrant banks Managing NPAs... Smart banking in smart cities Bank deposits account for 46.3 per cent of household savings Perhaps small is more beautiful than big! Small finance payment banks... Who is the real beneficiary? Fund healthcare clinics in villages... Drop in SLR- sparing lendable resources Grows Bigger A new development bank rising in the east… Growing gainfully How ‘secure’ are the secured loans? Cradle of banks to a smart city... Greet Lakshmi the banking robot Banking overhauling or reorganisation? Reaching out: is it slowing down? One down in private sector Rationalised Anytime banking to anywhere banking The collaboration suite of cyber criminals Reaching the Unreached… Banking on Risk A development bank for BRICS Merger mania haunts banks Mega merger is on Two banks: their jubilees and performances Just 660 days! Target over-ambitious... Payment banks have arrived It’s a war on black money, support it. Capital base of regional rural banks raised The paradox: clamour for the Goliath and David Big bank merger, bigger expectations A bank for women, by women Well-lived... Needed a Banking Atlas Small is ‘more’ beautiful Small finance banks offer high interest rates Ferrying digital banking to Lakshadweep Drastic decline in asset quality Good, bad and ugly LVB- A supermarket of financial services Stage set for Indian ‘avatar’ of foreign banks United India Insurance - Rs 110 crore losses have been claimed till now due to floods in Tamil Nadu Monetary policy continues to adopt dis-inflationary path Lacklustre credit expansion Banking in Telangana Holy or unholy? Thirty more cities seek to become SMART Nothing much can happen…. Growing volume of stressed assets… New bank licences, at last... Targets continue to be ad hoc Hesitancy in announcing year-end results
 
A new development bank rising in the east…
After the formation of BRICS Bank with its headquarters in Shanghai, another bank sponsored by a group of 21 countries in the East, is coming up in Beijing. It will be called the Asian Infrastructure Investment Bank.

India is one of the prominent members of the founders’ group. Japan, South Korea and Indonesia are yet to join in. The West is understandably upset as the World Bank and the financial institutions in Europe may lose their importance. The Asian Development Bank (ADB), on the other hand, concedes the need for a bank like this to meet the growing demand for investments in infrastructure in this region.

Investments in infrastructure are of strategic importance for economic development. Many of the countries among the 21 signatories, including India, need huge investments to expand their infrastructure facilities.

The main objective of the new bank is to channelise the investments into infrastructure development, adopting multi-country investment projects through collaboration, wherever necessary. Investments required are very huge. According to an estimate by the Asian Development Bank, the developing countries in the Asian region require an investment of 8 trillion dollars during the decade 2010-20, for meeting the requirements of the present infrastructure facilities.

Indian economy’s investment requirements are massive. National highways need special attention in investment. “If you want to become rich, invest on roads,” says a Chinese proverb. Good roads contribute silently to the welfare of various sections of the society in addition to contributing to the economic development.

Indian Railways is in dire need of investments for expansion and for improving its operational efficiency. Power sector continues to be a bottleneck, hindering growth of the economy.

Indian infrastructure companies should take up development projects funded by the bank in different countries. Perhaps, they can take advantage of the absence of Japan and South Korea in the Bank’s group, seeking preferential treatment from the member countries in offering projects for execution in their countries.

 

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