India: Challenges in Power Sector Are Well Known but Will Policy Makers Now Listen to SBI Chairman?
The major challenges India's power sector is struggling with are not secret but when some of these issues are raised by the biggest lender in the...
205 Views
India: RBI Should Act Sooner than Later to Curb Inflation!
Recovery in growth, strong inflationary pressures- Room for a rate hike!!A better than expected growth recovery in Oct-Dec’17 might have shaved off...
171 Views
India – Recap Euphoria, Going, Going, Gone
It was always a stretch that the Reserve Bank of India’s (RBI) INR2.1 trillion could well recapitalise the main government-owned banks. At the time...
200 Views
Why Banks May Prefer A Loan Fraud Over NPL? Race to Discover Loan Frauds Can Create Policy Paralysis
After the discovery of PNB (Punjab National Bank) loan fraud in mid-Feb, worth Rs114bn (now revised to Rs127bn), there is a spate of bad news...
180 Views
Hong Kong Monetary Authority–Blindsided by Indian Banks in HK - Could Increase Regulatory Scrutiny
As far as the Punjab National Bank (PNB IN) PNB is concerned, its financial statements have become unreliable now that allegations surrounding...
244 Views