The real reason that the banks had to go was political: the nature of Indira Gandhi's rivals in the Congress
Status quo on banks will increase the burden on the exchequer
NBFCs have to start believing that they are not banks and can't compete with them which means that they have to do what I call the hard tier-2 work, he said
While domestic banks account for a significant portion of such credit, its distribution is significantly skewed
Mutual funds and institutional investors are still wary of lending to non-bank financiers, and tighter market liquidity has weighed on company ratings, which deteriorated at the fastest pace in 6 yrs
The capital adequacy ratio denotes how much capital a bank has against its loans
While top banks can afford to purchase high-end deception technologies and build strong security operations centres but the smaller rural or cooperative banks may stand to lose
The capitalization at public sector banks (PSBs) will remain weak but government support may provide relief, said Moody's
For banks, the game will now be about resolution and not recognition of bad loans as seen in the past
Indian banks are also aggressively pursuing to tap the new generation customers who are tech savvy but weigh customer experience above anything else
Though the number of urban branches has been falling and that of rural, rising, it is the latter that is struggling to cope with the needs of its customer base
Axis Bank's risk management is seen as weaker than that of private sector peer HDFC Bank Ltd
Foreign shareholding in the largest private sector banks is well over 70%
In the next three-four years, India will have a billion plus smartphones, Kant said
The moral of the story: Banks are often blamed for incomplete monetary policy transmissions!
Experts believe bad banks may take a lot of time to resolve the loan mess
According to recent data, Indian banks have close to Rs 700,000 crore in bad loans
Deposits rose 12.8%, the RBI's weekly statistical supplement
Asset sales, turnaround of stressed companies to boost banks' balance sheets
Outstanding loans rose Rs 4,950 crores to Rs 72,56,000 crores in the two weeks to June 24