New SBI chief Dinesh Khara faces challenging times. Will he be on the attack to gain share? Or will he restrain himself for fear of rise in bad loans? How will he use YONO as a weapon? Who will form his core team as he needs to shift SBI between two eras?
inflation is likely to remain elevated; signs of recovery are far from being broad-based and are dependent on sustained policy support.
Total bank credit grows 5.5% amid slowdown in retail and home loans. Credit cards grow 4.9% and vehicle loans by 8.4%, as per RBI data until 23 Oct.
RBI is looking into frequent disruptions in service suffered by YONO users and other mobile banking services offered by SBI.
Three broad trends would continue to influence RBI's monetary policy beyond this fiscal. Indianbankingnews.com collects views of economists to understand how the economy is shaping up.
Bank chief executives are having to walk a tightrope as the economy struggles to bounce back. They weigh the RBI policy, which seeks to nurture growth and contain inflation in the wake of the Covid-19 pandemic.
Failure of big NBFCS like IL&FS and DHFL is forcing RBI to put in place prudential guidelines akin to those that govern scheduled commercial banks.
Best buying opportunity to homebuyers as RBI infuses liquidity, govt provides concessions and developers relax stamp duty, says HDFC Ltd CEO Keki Mistry.
How deep is the malaise? How long can we avert systemic collapses through bailouts? Has RBI gifted Lakshmi Vilas Bank to DBS? How different in nature are the failures of Yes Bank and the 94-year-old bank?
