National Financial Institutions lent 7.12 lakh crores to TPPs between 2005-2022: Study
The report finds 65% accrues to NBFCs, 31% came from public sector banks, and 4% from private banks
No escape from the lower-middle income trap, at least not yet
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how India’s...
Reserve Bank of India – Clueless, Careless and Heartless
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositors’ interests and provide cost-effective banking services to the public. Its roles are...
While Finance Minister was sleeping, credit outflows inverted
Since FY20, banks are giving more personal loans than loans to industry, particularly to large industry, and the growth in personal loans is even more dramatic
Is the claim of Adani Group true? Who can clarify?
The Adani Group is taking all efforts to counter the opinion expressed in the recent CreditSights report, a subsidiary of Fitch Ratings, which said it remains “cautiously watchful” of the debt-funded expansion of the...
Will the corporates sink our banks? A credible study warns of overleveraging | THE MONEY TRAIL
Take loans as much as you want and expand your empire' – this seems to be the new corporate mantra. A study by CreditSights, affiliated with the credit rating agency Fitch warns about over...
How did the banks help BJP to win UP?
BJP has secured a landslide win in Uttar Pradesh and there are many reasons stated in the press and on the TV discussions, but one which has not come to focus is how the...
RBI’s “Consultative Document on Regulation of Micro-Finance” Part -2
RBI vide its June 14, 2021 press release has issued a 30 page “Consultative Document on Regulation of Microfinance” (henceforth “Document”) seeking comments from public at large.
Reserve Bank of India or the Richmen Bank of India?
RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more...
Loans to Corporates – It’s high time to implement the RBI decision of 2016
RBI announced in August 2016, that it will move to cap exposure of banks to large borrowers while also taking steps to deepen the Corporate Bond Market. RBI stated that starting from next fiscal year...
Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?
From the day banking started, bankers always had a plan for handing loans going bad. Banking says giving loans has a credit risk due to various reasons. Banks become a partner to the borrower...
Random Reflections: 51 Years of Bank Nationalisation – Was it a sin? A vision? A missed opportunity? & What’s today’s position?
Nationalisation of the banks which had deposits above Rs.50 Crores, covering almost 85% of the total deposits on 19th July 1969 was historic, dramatic and welcomed by majority of the people. Some described it...