'Das is friendly, but he finally does what he does. The quality of engagement is very good.' IMAGE: Reserve Bank of India Governor Shaktikanta Das addresses the media during a press conference......
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank......
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal......
'The concern that the bad bank may create a moral hazard for the system is extremely valid.'Hamsini Karthik reports. Illustration: Uttam Ghosh/Rediff.com The idea of setting up a bad bank partly......
Relations with the government, the bank's majority owner, are a tricky issue for all SBI chiefs, and, like all his predecessors, Khara will be closely watched for his equations with the finance......