'If I tell you that all along we were very confident and we didn’t have moods of depression…I would be lying…'
The RBI’s bet on private banks in a country fed on the diet of socialism, has had its share of hits & misses.
The first half is always slow but this year particularly consumption credit, which was driving the credit growth of all banks, has taken a hit, the SBI chairman said.
“There is an obvious slowdown in demand... it is visible in every sector,” Rajnish Kumar said.
Private bank chief says no rescue act needed; liquidity crisis shows NBFCs’ key role in driving demand
Private bank chief says no rescue act needed and liquidity crisis shows NBFCs’ key role in driving demand.
Very good things are happening, said Puri, under whom HDFC Bank has become India's banking bellwether.
A policy infra should be in place before we tap overseas market, says the CEO of JPMorgan in India.
The RBI Governor has revealed his vision for the economy and how he intends to steer this key institution.
Financial sector stability is at the core of the regulator’s efforts, Das said.
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