Will a flurry of deals make the Indian banking sector healthier as it readies for a new round of consolidation? Here is the tale of two mid-sized bank deals and the ambitions of their acquirers.
China poses challenge to US but can’t rule world order even as ties with India begin normalisation process; transactional politics to prevent cold war but geopolitical hostilities will intensify.
Three factors may have led RBI Governor Sanjay Malhotra and MPC team to play the unconventional card as they cut repo rate by 50 bps and CRR by a percent. Will this work to achieve ‘aspirational’ growth in a global slowdown economy amid Trump’s ‘reciprocal’ tariffs?
IndusInd Bank has not quite gathered the dirt of Yes Bank when it sank in 2020; bank’s fault line is currently restricted to discrepancies in forex derivatives accounting and not to spike in bad loans.
Donald Trump’s 90-day tariff pause and a cooling inflation almost guarantees two more successive interest rate cuts; RBI Governor Sanjay Malhotra’s reign, however, coincides with a topsy-turvy world, gone chaotic and in process of being rebuilt through complex formations.
IDFC First Bank MD & CEO Vaidyanathan has worked successfully on five fundamental business requirements of the bank. Now he has bet on cricket sponsorship rights as he plans to take the bank to its next phase of growth.
Aim is to become 3rd largest public sector bank in operating profits in FY24; motivated staff, market penetration strategies, digital investments to drive this competitive battle.
As RBI lets curtain fall on Rs 2,000 banknote, only few will mourn its funeral or remember with fondness its fateful journey from days of demonetisation.
Gautam Adani has gained an image of invincibility in recent years and at one stage was ranked as the world’s second-richest person. Will he bounce back after the Hindenburg report, the market rout and the political backlash?
The sprawling loan market is up for new action. Banks see refinance opportunity. Corporate borrowers return to bank loans as bond yields climb. How far will rise in credit put pressure on liquidity and deposits?
Legacy bad loan issues are out of the way, core operating profit has hit almost Rs 1,000 crore, loan book is growing and deposit base is healthy.
As first woman CEO of Union Bank of India, Manimekhalai symbolises change. There is new aggression in the bank as she talks of acquisitions, taking it to third spot and creating verticalisation of branches.
Rupee breaches psychological barrier of 80 a dollar; its fate depends on global inflation, rate hikes by central banks, war in Ukraine and how world order takes shape.
NBFCs are banking on credit growth to protect their margins as borrowing costs are set to elevate. Will they succeed? Will the impact vary for NBFCs with different areas of focus?
As RBI takes a hard money turn, companies, consumers, banks and governments will have to shift to new ways. Will we be able to balance between inflation and growth or are we headed towards stagflation?
