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Modi's Midas touch – Turnaround from telephone banking to profitable banking

Recently, Narendra Modi government completed 9 years in office as multi-lateral agencies were vying to label Indian economy as bright spot in a dark global economy. As one moves the needle back to 2014, when. ....

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The Women Shaping Swizerland's Fintech Scene/

Female founders, fundraisers, and financial backers are rare in Swiss fintech. Ex-banker Carolina Newton introduces eight of the women breaking the glass ceiling. ....

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Rebooting Economy 66: Is India facing credit deprivation to warrant corporation banks?

Rebooting Economy 66: Is India facing credit deprivation to warrant corporation banks?
RBI s database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy
Prasanna Mohanty | February 10, 2021 | Updated 18:39 IST
What compromises the Indian economy further is India s repeated failure to resolve stressed assets over the past few decades
In November 2020, an internal working group (IWG) of the Reserve Bank of India (RBI) recommended that India s large industrial houses be allowed to run banks to increase credit-to-GDP ratio from the current level of 50% to more than 150%, in line with many developed economies, for higher growth. Now Prof. Arvind Panagariya, former Niti Aayog vice-chairman, is claiming that India faces acute problem of credit deprivation to support the same cause. ....

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Rebooting Economy 65: IBC has failed; will a bad bank succeed?

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue ....

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India Road Development Market 2021 Key players, Industry Size, Share, Price, Trend and Forecast to 2026

India Road Development Market 2021 Key players, Industry Size, Share, Price, Trend and Forecast to 2026
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