Why are our banks so secretive?

‘The finance ministry and public sector banks have tried to keep the names of wilful defaulters secret.’‘Secrecy and concealing information are inbred among banks and even the RBI,’ observes Debashis Basu, editor, www.moneylife.in. Vivek Velankar, president of the Pune-based Sajag…

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Is anyone using the loan moratorium?

‘Banks have to be braver, willing to take more risks and give confidence to the customer,’ observes Joydeep Ghosh. Moratorium has been a keyword in the government’s announcements after the COVID-19 crisis broke out. Retail and corporate borrowers can avail…

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What should the RBI do next, Mr Das?

‘No one cares about fiscal deficit now. Or for that matter, inflation.’‘The focus is on growth and growth alone,’ says Tamal Bandyopadhyay. The Reserve Bank of India did more than what the market was expecting from the central bank. It…

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