The New Year brings hope for lenders in India that a powerful regime will soon be in place for speedy and meaningful resolution of impaired or insolvent assets, following the government's intention to implement the Bankruptcy and Insolvency Code. The most recent assessment about where things stand now, and a peek into the days ahead, comes from the Financial Stability Report (FSR) released by RBI in December 2015.advances asset bank cent financial GNPA Indian ratio September system
With weak economic growth and the burden of stressed assets, the banking sector was adversely impacted in 2014-15.
A five-member BS Jury met at Hotel Sofitel Mumbai in the tony business district of Bandra-Kurla Complex on a Monday morning.The jury was headed by the former deputy governor of the Reserve Bank of India (RBI) and former executive director of the International Monetary Fund, Dr Rakesh Mohan.asset bank capital cent jury market non Sharma taking The
When Shikha Sharma took the elevator to the corner office at Axis Bank in April 2009, the view outside must have been hazy. The view inside the country's third largest bank wasn't very clear either: Sharma stepped into the shoes of PJ Nayak, who had quit the chairmanship prematurely, after pitching for an internal candidate as managing director and CEO instead of hoisting an outsider.advances bank cent customers focus growth increased market proportion Retail
Recently a senior executive from a Fortune 500 bank was quoted saying that he heads a technology company with a banking licence. Technology is no longer on the sidelines in banks, and payments banks will be completely technology-driven.bank banking companies consumer customers data driven front payments years
If there is one word that keeps bankers motivated and worried at the same time, it is technology. While banks had barely settled down with their internet banking offerings, has already emerged as a new channel and consumers are lapping up Data analytics at the back end are playing an important role in customer acquisition and retention, and in cross-selling of products.bank banking business consumer five internet niche player The wallet