Do the likes of Goldman Sachs, Morgan Stanley, Deutsche Bank continue to dominate our banking rankings or are we in for a surprise? How do Indian banks and Indian financial services companies fare in the overall scheme of things?
How to plan your finances and invest money in India in your 20s - A detailed step-by-step guide. So I have been meaning to write about this for 10 years now. It is the one thing on which I have advised countless people for over a decade now. This list of people includes CEOs, business consultants, young entrepreneurs and even some of my financial advisors. I do not claim that this is the best or the only way to invest – simply that this is how I am investing and how I would advise anybody who asks me for advice to invest. The rest is up to you.
P. Satish, executive director of Sa-Dhan, the oldest industry body for Indian microfinance, and Ratna Vishwanathan, chief executive of Microfinance Institutions Network (MFIN), a relatively younger body which has all large for-profit microfinance institutions (MFIs) as its members, aren’t very happy these days.
With everyone talking about the inconvenience caused to the masses and wealth destruction as a consequence of the demonetization of high-value banknotes and a few on the windfall for banks, it may not be a bad idea to revisit the bad loan situation in Indian banking.
As the Indian financial sector is largely bank-centric, the performance of the banking sector is crucial in the development process of the economy. As per KPGM-CII report, India’s banking sector has the potential to become the fifth largest banking industry in the world by 2020. However, there are some serious threats this sector will be facing in the next 3-4 years. The article lists down the most important ones of them in detail.
Had I been Kumbhakarna, the younger brother of Ravana in the famous epic Ramayana, woken up in Mumbai last Thursday after a long slumber and looked at the thousands of bank branches that dot the country’s most populous city, I would have thought there’s a run on the entire banking system in Asia’s third-largest economy.
Banks are the nucleus of any economy. It is a prerequisite to have a healthy banking industry to put the economy in the growth trajectory. However, with the structured loans turning bad and an exponential increase in the non-performing assets of the bank, the industry has been pushed into a state of entanglement. The public sector banks continue to suffer the repercussions of their past lending. This has caused a damage by burgeoning the stressed assets figures enormously for both the public and the private sector banks.
Our student team member Aman Jindal reached out to Rakesh Kumar Yadav and Divyanshu Jain to find out more about the problem of Non Performing Assets, a matter of great concern for Indian Banking and Economy. Here they discuss the matter in detail.
Do the likes of Goldman Sachs, Morgan Stanley, Deutsche Bank continue to dominate our banking rankings or are we in for a surprise? How do Indian banks and Indian financial services companies fare in the overall scheme of things?
How to plan your finances and invest money in India in your 20s - A detailed step-by-step guide. So I have been meaning to write about this for 10 years now. It is the one thing on which I have advised countless people for over a decade now. This list of people includes CEOs, business consultants, young entrepreneurs and even some of my financial advisors. I do not claim that this is the best or the only way to invest – simply that this is how I am investing and how I would advise anybody who asks me for advice to invest. The rest is up to you.
P. Satish, executive director of Sa-Dhan, the oldest industry body for Indian microfinance, and Ratna Vishwanathan, chief executive of Microfinance Institutions Network (MFIN), a relatively younger body which has all large for-profit microfinance institutions (MFIs) as its members, aren’t very happy these days.
With everyone talking about the inconvenience caused to the masses and wealth destruction as a consequence of the demonetization of high-value banknotes and a few on the windfall for banks, it may not be a bad idea to revisit the bad loan situation in Indian banking.
As the Indian financial sector is largely bank-centric, the performance of the banking sector is crucial in the development process of the economy. As per KPGM-CII report, India’s banking sector has the potential to become the fifth largest banking industry in the world by 2020. However, there are some serious threats this sector will be facing in the next 3-4 years. The article lists down the most important ones of them in detail.
Had I been Kumbhakarna, the younger brother of Ravana in the famous epic Ramayana, woken up in Mumbai last Thursday after a long slumber and looked at the thousands of bank branches that dot the country’s most populous city, I would have thought there’s a run on the entire banking system in Asia’s third-largest economy.
Banks are the nucleus of any economy. It is a prerequisite to have a healthy banking industry to put the economy in the growth trajectory. However, with the structured loans turning bad and an exponential increase in the non-performing assets of the bank, the industry has been pushed into a state of entanglement. The public sector banks continue to suffer the repercussions of their past lending. This has caused a damage by burgeoning the stressed assets figures enormously for both the public and the private sector banks.
Our student team member Aman Jindal reached out to Rakesh Kumar Yadav and Divyanshu Jain to find out more about the problem of Non Performing Assets, a matter of great concern for Indian Banking and Economy. Here they discuss the matter in detail.
