Never before has the need for creating an ambience for economic policy reforms been as critical as it is now, points out A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com This is......
New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee. The architect of modern Indian banking,......
The government is expected to appoint Nafisa Ali and Chandan Bagchi as non-official directors to boards of nationalised banks.Both Ali and Baghchi are associated with the Congress. The government......
Credit rating agency ICRA has said that mergers are one of the best options for growth of Indian banks but warned that it may not solve some "basic problems" of Indian banks plagued by inferior......
Amidst the ongoing talks of consolidating small state-run banks to create one or two globally large size banks, Reserve Bank governor D Subbarao today cautioned against making a 'too-large-to-fail'......
The idea of limiting induction of private sector talents only for top management positions is also being seen as a half-hearted step incapable of bringing about the transformation sorely needed in......