Public Sector Banks

Companies needn’t own banks

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Over the next 3-5 years, there’s enough banking capacity to support healthy economic growth Neelkanth Mishra | Dec 9, 2021, 19:32 IST This appeared in the Times of India print version on December 10, 2021 (link) Despite RBI’s official stance staying ‘accommodative’, normalization of monetary policy in India started in September, with the central bank … Read more

Good tidings of Bad Bank

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New institution was necessary to clean out excesses of the last business cycle Neelkanth Mishra, Sep 17, 2021, 19:44 IST. This appeared in the Times of India Print edition on Sep 18, 2021 (link) The clamour for a “bad bank” had started not long after the discovery of growing distress in large numbers of loans … Read more