As a former RBI nominee director on the board of a PSB, directors have very little role to play especially in the management committees
Given their aggressive postures accentuated by bitter mutual recriminations, we were astonished to see Trump & Kim Jong standing together, smiling, shaking,hands, walking together, patting each other
Although the initiative can promote market transparency, it has a shorter horizon and is reactive in nature
Our bureaucracy is generalist in nature while the demand today is more technology driven where people who have exposure to such technology platforms will be more handy
Those selected should resign from their service and will not have any safety net of going back
The whole process needs to be seen as a natural phenomenon of the present level of economic development and best practices elsewhere in the world
Except that the idea now gets support from badly managed banks facing the threat of merger
Our policies should not be overridden by political and economic interests of other countries
Right from the beginning, this idea of "auction" - after the expiry of 33 years lease period - was an ill-conceived one
Banks as a habit, were treating the scheme as one of low priority
Cheap data could actually make our supply chains much more efficient and our motor vehicle assets more productive are indeed wonderful possibilities
Moreover, many existing foreign banks have ceased to lend in the retail sphere and have reduced their exposures in the country
The ICICI Bank CEO must leave till this whole investigation is complete. Otherwise it cannot be a transparent one
Historically, nationalisation of banks in India and the introduction of LBS were initiatives aimed at financial inclusion, ensuring wholehearted participation of all stakeholders
There is an important lesson for Patanjali from this Kimbho episode: Focus
For a defence minister to be effective, he or she has also to be the finance minister of her ministry
This is after a new whistle-blower has complained against her
The invitation to a staunch Congressman is the latest proof of it
Bankers in the public sector are also grossly underpaid compared to their peers in the private sector
Any dilution or deviation will result in the disservice to the depositors of these banks