Tag Search: “banking”
New resolution framework for stressed assets: Challenges and opportunities
The Insolvency and Bankruptcy Code (IBC), 2016 aims to expedite resolution of stressed assets, and provide an exit route to failed entities. A simplified, generic framework has been developed by RBI f...
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K. Srinivasa Rao
16 May, 2018
- Perspectives
The big bank theory
The Indian banking system is saddled with non-performing and stressed assets, which currently constitute about a quarter of all assets. In this post, Maitreesh Ghatak argues that while there are valid...
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Maitreesh Ghatak
11 May, 2018
- Perspectives
Does your cultural background affect your credit profile?
In many economies – both developed and developing – economic transactions tend to cluster by ethnic or social group. Using data from a large, state-owned bank in India, this article presents evidence ...
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Raymond Fisman
04 May, 2018
- Articles
Public bank privatisation: No panacea for the ills of the banking sector
The recent Punjab National Bank fraud has rekindled the debate on bank privatisation, often considered a solution for the poor management in public sector banks. In this article, Sengupta and Roy cont...
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Shubho Roy
Rajeswari Sengupta
25 April, 2018
- Perspectives
Where is the cash?
In recent weeks, reports of currency shortages have emerged from several parts of the country. In this post, Nalini Gulati contends that the cash crunch appears to be temporary and is likely to be res...
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Nalini Gulati
20 April, 2018
- Perspectives
Huge bank losses, frauds, and economic risks
Banks have incurred humongous losses in India. The public authorities have taken corrective measures primarily in the form of strengthening laws, audits, and the enforcement processes. In this articl...
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Gurbachan Singh
09 March, 2018
- Perspectives
Recapitalisation of public sector banks, and financial repression
Government of India recently announced its decision to infuse Rs. 2.11 trillion of fresh capital into public sector banks, financed partly through recapitalisation bonds. In this article, Dr Gurbachan...
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Gurbachan Singh
06 November, 2017
- Perspectives
Caste and credit: Not such a woeful tale?
Caste is an enduring predictor of economic status in India and caste-based discrimination continues to pervade several spheres of life. What about rural lending? This column suggests that most caste-w...
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Sunil Mitra Kumar
Ragupathy Venkatachalam
11 September, 2017
- Articles
Financial inclusion: Concepts, issues, and policies for India
The International Growth Centre recently brought out a synthesis paper (Singh 2017) that lays out the basic concepts surrounding financial inclusion, and reviews a wide range of IGC and other studies ...
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Nalini Gulati
Nirvikar Singh
17 August, 2017
- Perspectives
Bank financing of stressed firms
There is anecdotal evidence that banks in India have been extending credit to highly distressed firms. By delaying recognition of bad loans, banks may improve their own profitability in the short run...
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Rajeswari Sengupta
Anjali Sharma
07 June, 2017
- Articles
Strategy for dealing with the banking crisis
To deal with India’s banking crisis, Prof. Ajay Shah of NIPFP recommends a two-pronged strategy – more financing for firms, and RBI reforms.
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Ajay Shah
17 May, 2017
- Perspectives
The size of personal bank credit in India
In May 2016, the Insolvency and Bankruptcy Code law was passed by Indian Parliament and received presidential assent. The law consists of provisions for both corporate and personal insolvency. However...
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Renuka Sane
Anjali Sharma
10 May, 2017
- Articles