All stories by TAMAL BANDYOPADHYAY
Why did RBI take this route to save Yes Bank?
Rediff.com17 Mar 2020'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
Public sector banks are not out of the woods yet
Rediff.com5 Mar 2020'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is, with some of the banks being merged,' says Tamal Bandyopadhyay.
If your bank goes bust, how much money will you get?
Rediff.com18 Feb 2020'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
Coming soon! The end of public sector banks
Rediff.com23 Jan 2020'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
Let's pray we see closure of bad loans
Rediff.com20 Jan 2020'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
Where have all the women bankers gone?
Rediff.com7 Jan 2020Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Why are banks afraid of trade unions?
Rediff.com1 Jan 2020Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
The uncertain times continue for banks
Rediff.com26 Dec 2019It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.
How has the RBI governor fared in Year1?
Rediff.com17 Dec 2019'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
How to give the economy some animal spirit
Rediff.com20 Nov 2019Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
Time is running out for Lakshmi Vilas Bank
Rediff.com14 Nov 2019'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
Is our money in the banks safe?
Rediff.com7 Nov 2019'Clearly, the depositors of cooperative banks need the maximum protection.'
Deed done, now to make mega bank merger work
Rediff.com18 Sep 2019'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Will Ravneet Gill manage to 'save' Yes Bank?
Rediff.com29 Jul 2019Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
Aditya Puri's dream for HDFC Bank: Indian Alibaba
Rediff.com9 Jul 2019Tamal Bandyopadhyay details HDFC Bank's digital journey.
'Fresh start', a big challenge facing the microfinance industry
Rediff.com1 Jul 2019The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
6 suggestions for Nirmala Sitharaman, India's new FM
Rediff.com3 Jun 2019Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Let's find new ways to clean up banking
Rediff.com20 May 2019'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
Is there a possibility of next rate cut?
Rediff.com17 May 2019Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
Why bank chiefs are worried about their pay structure
Rediff.com29 Mar 2019The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.