rbi

Why Yes Bank’s bailout has panicked markets

State Bank of India’s agreement to buy Yes Bank stems from the central bank’s aspiration to maintain trust in the country’s financial system. However, as bank share prices and deposits fall, not everyone is reassured.

March 22, 2020

Why India’s debt waivers are sugar-coated poison

India has developed a habit of granting loan waivers and writing off debt. Here is why it could create a vicious cycle that damages the entire credit system.

February 28, 2018

Why India needs a bad debt agency

Bad debts in state banks are rising but handling them without crimping economic growth will be tricky. Is a bad debt agency the answer?

February 12, 2016

Lippo trade reflects dearth of quality Indonesian paper

Investors chase Lippo’s bonds despite the aggressive pricing.

May 09, 2012

RBI cuts Indian banks' reserve ratios

The Reserve Bank of India surprises markets with a 75bp reduction in the cash reserve ratio ahead of a key policy meeting this week.

March 12, 2012

Payment news, April 27

The Reserve Bank of India raises key policy rates, while the IFC and Asean associations work to promote trade.

April 26, 2010

India's slow road to payment bytes

Indian bankers embrace electronic payments, but consumers remain sceptical.

April 12, 2010

ANZ gets approval for Mumbai branch

A decade after ANZ sold the Grindlays franchise and exited its India business, it receives permission to set up its first branch in Mumbai.

March 04, 2010

Citigroup and Standard Chartered lose race for India's United Western Bank

India's IDBI emerges as the winner in the race for United Western Bank dashing the hopes of suitors such as Citigroup, Standard Chartered, HDFC and ICICI Bank.

September 12, 2006

Indian banks allowed further foreign currency fund raising

The Central Bank relaxes guidelines on issuance of foreign currency debt and hybrid instruments.

July 23, 2006