Hemindra Hazari
Risk management is the control and nerve centre of a bank. The independence of control and vigilance functions like risk management and audit...
Hemindra Hazari
There are high hopes that Urjit Patel, the new RBI governor will act to revive bank lending and thereby do his bit for...
Hemindra Hazari
The media has gone overboard on the government of India’s decision not to give Raghuram Rajan, the Reserve Bank of India (RBI) governor,...
Hemindra Hazari
Axis Bank is one of the favoured stars among the new private sector banks in India, with an enviable reputation. The Banker gave it the...
Hemindra Hazari
ICICI Bank, India’s largest private sector bank by assets, posted shocking results for the quarter ended March 31, 2016. The consensus analyst forecast for the...
Hemindra Hazari
The year is not even three weeks old but has already been unkind to financial markets. The stock market is back to pre-Modi...
Hemindra Hazari
Equity research analysts produce impressive reports, operate complex statistical models, and can talk confidently about the future on the business channels. But the...
Hemindra Hazari
Everyone knows public sector banks are less profitable, more prone to political influence and have higher ratios of non-performing assets (NPAs) than their...
It is curious that the first step of a reform-minded Chicago-school scholar was to announce a subsidy. Of course, unlike the subsidies that Rajan criticised as chairman of the Committee on Financial Sector Reforms in September 2008, this subsidy would go not to low income sections of the population, but to the banks.
