Why benchmark rate for bank loans is still an illusion

None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowings from the regulator or the market, says Tamal Bandyopadhyay.......

Why RBI must give priority to India's financial condition index

Equity markets are not the sole measure of wealth but their influence, however weak, suggests that variations in wealth impact on demand cannot be ignored going forward. Last month, the Reserve......

"Will banks now start lending more?"

Banks may reduce interest rates in keeping with the RBI's rate cuts, but they are unlikely to lend more till corporate balance sheets start looking healthier.JM GargChairman and Managing Director,......

RBI relooks floating rate costs

The Reserve Bank of India has initiated a review of the benchmarking system for pricing floating rate loans, a move that could impact 70 to 75 per cent of banks' loan portfolios. Benchmarking in......