India’s banks are lending more, and households and businesses are also putting more money into banks. But behind these headline numbers lies a more important question: where is the expanding flow of bank credit going,...
RBI Governor Sanjay Malhotra has scrapped the Investment Fluctuation Reserve (IFR), a move that allows greater flexibility in use of accumulated buffers. Prior to this prudential reform, banks were mandated to park a portion of...
A new dawn in India’s Ailing Banking Sector? A quick fix to broken banks? A game changer? Well, these were just a few phrases that described the much celebrated Insolvency & Bankruptcy code (IBC) that...
While the Reserve Bank of India (RBI) has stubbornly refused to respond to the Indian industry’s repeated pleas for lowering interest rates, its Chinese counterpart, the People’s Bank of China (PBOC) has begun implementing major...
