As the global financial markets face a turmoil, India cannot remain unaffected. But some structural reforms could help salvage India’s position, says Gunit Chadha.
Bank’s Asia-Pacific CEO Gunit Chadha says commitment to region is strong and intact
Rajan's NPA move could push banks into a tipping point. The time may not be right given the weak economy. But in the long term, it could save our banks.
This fiscal Patanjali may have a revenue of Rs 5,000 cr, more than Colgate or GSK. IIFL, a brokerage, forecasts revenue at Rs 20,000 crore by 2020.
India is like a Bollywood movie, long but happy ending ahead : Uday Kotak, Vice-chairman, Kotak Mahindra Bank
Normally, Bollywood movies have happy endings. So, one needs to look at India like a Bollywood movie — long but happy ending, he said.
The RBI needs to clarify how its accommodative monetary policy stance is reflected in the context of liquidity management .
RBI has expressed its displeasure several times over banks not passing on interest rate cuts to borrowers. Banks counter that by saying liquidity has been inadequate.
Nassim Nicholas Taleb said that the collapse of China’s stock markets and crude prices may not be a bad thing after all.
State-run banks will get sufficient capital from the government and regulatory support from RBI if there is serious impairment to the book.
There are instances of banks chasing conglomerates to lend at wafer-thin margins despite weak finances, or lenders avoiding small companies despite a strong balance sheet.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon