March 19, 2018
Ever since the Indian government nationalised the Imperial Bank of India in 1955 and re-christened it State Bank of India, public sector banks (PSBs) have continued to be of immense systemic importance. This was further reinforced during the nationalisation of banks in 1969 and again in 1980. However, as with other sectors of the economy,…
March 19, 2018
As the countdown for Union Budget 2018 begins, voices among investors are getting louder, as they try to zero in on rural-focused and infrastructure stocks hoping for Budget booster. Last year’s Union Budget was focused on improving domestic growth through investment in agriculture, rural development and infrastructure, even as it adhered to fiscal discipline and…
March 19, 2018
By Sanjeev Sinha The global economic meltdown of 2008, triggered by the Lehman Brothers’ collapse, set alarm bells ringing for financial institutions. The Basel III accord is designed to mitigate such risks by making the banking sector stronger and more efficient. The norms call for improvement of the quantity and quality of capital of banks,…
March 19, 2018
By Rashesh Shah Ever since the Indian government nationalised the Imperial Bank of India in 1955 and re-christened it State Bank of India, public sector banks (PSBs) have continued to be of immense systemic importance. This was further reinforced during the nationalisation of banks in 1969 and again in 1980. However, as with other sectors…