Page 11 - Tamal Bandyopadhyay

Inclusion in global bond index: Waiting for Godot?

The wait is indeed getting longer but it's certainly not an absurd drama

RBI plays out familiar script, more rate hikes to follow

In 2019, when retail inflation was 3%, the policy rate was 5.75%. Now inflation hovers around 7% and the policy rate is 5.9%. It needs to move up

Will RBI go for 50-bps rate hike this week?

This hike is par for the course - not to fight inflation alone but also to stem currency depreciation

Story behind smooth sailing of govt borrowing

Will the dream run continue in the second half of the year too, spreading cheers to the treasury floors and adding to banks' profits?

The new world of digital lending

The business model of the digital lenders has to change as they have lost their freedom to directly deal with the customers

Bad loan recovery process can get worse

Apart from creating a distinction between financial creditors and operational creditors, the latest Supreme Court judgment also leads to the creation of a new category of default - temporary default

Treasury losses haven't derailed good run of banks

With healthy credit growth, bad loans will shrink further in percentage terms, but if the banks throw caution to the winds for building loan books, such loans may resurface again and spoil the party

P2P lending: What's that?

Is it a liquid fund? Is it a fixed deposit? Is it a collective investment scheme?

Let customers enjoy freedom from banks' tyranny

The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market. But, there is no end to the harassment of customers

How much will be the next rate hike: 35 or 25 bps?

Since the RBI is determined to ensure a soft landing of the economy through front-loading the rate hikes, the probability of a 35-bps hike at the next meeting is strong

How much rate hike this week: 50 or 35 bps?

I would root for a 50-bps hike for now to demonstrate the RBI's resolve to fight inflation and stem deprecation of the rupee. Then it can cross the river by feeling the stones

Rupee at 80: What can be done?

We need to maintain the gap of interest rate differential with the US by raising rates in a meas­ured way and allow the rupee to find its own level

Nationalisation, consolidation and privatisation

Merely bringing down the government stake below 51 per cent may not find any taker for the PSBs. Is the government ready to give up its powers?

Negative interest rate and financial repression

Investments drive growth but how will investors get funds if the savings pile shrinks with no incentive to save in a negative interest rate regime?

Huge treasury loss staring at banks in June quarter

Will the RBI step in again to the rescue of the banks and ensure smooth sailing of the government's record borrowing plan this year?

Rating agencies caught in the crossfire

There are close to 300 triple-A rated companies. Many of them will be downgraded and banks' capital requirements will rise

The story behind the choice of RBL Bank CEO

Does this smack of the regulator's lack of confidence in the bank's board?

Both customers and banks to feel pain in new regime

The banks have a balm for their pain. Probably, shifting to floating rate deposits can work as an anaesthetic gel for some of the customers

RBI joins global central banks, more hikes to follow

The Indian central bank has now gone back to the familiar script, in line with the global central banks

Rate hike for sure, but by how much, Governor?

It's time the central bank talked about 'appropriate' liquidity instead of 'adequate' liquidity