All stories by Anup Roy
Meet RBI's man for all seasons
Rediff.com26 Feb 2018Y H Malegam, 80, will head the panel that will look into non-performing bank assets and their relation to the Rs 114-bn PNB scam.
PNB fraud: Most PSBs have kept SWIFT outside core banking
Rediff.com21 Feb 2018It is up to the bank management to decide which application gets to interact with the CBS
RBI revises framework to resolve stressed bank accounts
Rediff.com13 Feb 2018Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.
Banks don't want changes in MCLR calculation: RBI
Rediff.com12 Feb 2018Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad
Why foreign banks are going slow on India
Rediff.com19 Jan 2018Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Why RBI does not want to hike rates
Rediff.com17 Jan 2018Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut
Interest rates unlikely to change in whole of 2018
Rediff.com5 Jan 2018Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs.
Post DeMo, bank credit grows at over 10% in December
Rediff.com4 Jan 2018Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.
Banks are responsible for bad debt mess: RBI
Rediff.com22 Dec 2017Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage
'RBI now has a problem of plenty'
Rediff.com5 Dec 2017While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.
Depositors, don't worry about losing money: Bankers
Rediff.com2 Dec 2017Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?
'We have to transparently define what is fraud and what is wilful default'
Rediff.com24 Nov 2017K C Chakrabarty, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules.
Bankers divided over tech vs human touch
Rediff.com7 Nov 2017There's a long way to go before human beings are replaced by machines -- in banks at least.
Foreign banks' presence in India declining, confirms RBI
Rediff.com2 Nov 2017Foreign banks had 317 branches in 2015-16; it has reduced to 286. In the same period, employee strength came down from 26,642 to 24,766.
India issues $1.95 billion green bonds in Q2
Rediff.com31 Oct 2017Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast
RBI's most teething problem: Controlling inflation
Rediff.com23 Oct 2017A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
Why banks are uncomfortable with bankruptcy code
Rediff.com4 Oct 2017Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
India's $400-billion forex reserves comes at a cost
Rediff.com29 Sep 2017What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
Have you tried using games to help you save money?
Rediff.com22 Sep 2017Banks play 'mind games' to woo customers. Big data and 'games' are now the tools of the trade.
DeMo might not have been a success after all: Raghuram Rajan
Rediff.com4 Sep 2017'The RBI risks becoming dangerously weakened, as successive governments and finance ministers have misunderstood its role'.