Indian Markets- Monthly Update-July 2017
For the period July 2017, major Indian stock market indices BSE Sensex and NSE Nifty gave a USD return of 2% and 3% respectively. The Indices took...
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Spoke in the Merry-Go-Round?
On July 27, 2017, the Reserve Bank of India (RBI), the banking regulator, probably responding to the significant underreporting of non-performing...
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Select Private Banks' Stellar Performance – in Diverging from the Facts
Misreporting of financial accounts is a serious offence and the Reserve Bank of India (RBI), the banking regulator, for the first time, compelled...
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SBI: Rises Above the Law as It Complies with RBI's Merger Dictate
The Reserve Bank of India's (RBI) recent circular requiring banks to disclose divergence in NPL classification and provisioning caused a lot of...
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U.P. Loan Waiver: 'Populist' or a Necessity?
Post the Bharatiya Janata Party’s (BJP) decisive victory in the Uttar Pradesh (UP) state elections, alarm bells have commenced tolling in the...
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