Indian Banking: Digital Paradox


Digital has been the biggest game changer in Indian banking especially in last 5-7 years. The proliferation of smart phones, transformation of connectivity with 3G/4G and spectacular growth of ecommerce has further catapulted digital banking. There are enormous statistics that will stand to prove the above. Let us look at…

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NPA: Why It Is A Curse on our Economy?


Indian banking system reeled under fresh slippages of more than 2.3 lakh crore in FY1819.  The write offs (including Technical) grossed more than 2 lakh crore while provisions towards NPA stood at nearly 2.6 lakh crore. Compare this with India’s fiscal deficit of 6.35 lakh crore! The comparison is worth…

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RBI Dividend and Your Father in Law


100,000,000,000,000 INR! For those lost in the zeros, it is ten lakh crores. That’s the RBI’s stated equity position, which GOI believes is too high and wants some of it transferred to government. But RBI believes otherwise, leading to numerous committees earlier and now with the Bimal Jalan committee, being…

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India LI Players Changing Dynamics


See the race chart, it tells a tale:) For detailed analysis read here

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The Tragedy of Life Insurance in India: The Lost Decade!


Life insurance had only one large state run behemoth before better senses prevailed. The entry of private sector players was supposed to transform the sector. Perennially, India suffered from low penetration of life insurance and it was marketed more as a long term investment instrument, seldom on pure insurance centric…

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Did Demonetization Pressure Tilt Indian Digital Barometer?


The question though is whether it tilted enough, considering the inconvenience caused by demonetization. Digital is important to economy as it brings down cost of transaction, improves efficiency of financial system, increases transparency and transforms customer experience. Replace of more cash by digital and adoption of digital by a wider…

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PNB Merger with OBC & P&SB: What promise does it hold?


The confusion reigning high in Indian economy currently, reminds me of the famous remark Lt. Col. Frank Slade (aka. Al Pacino) makes in the movie ‘Scent of a Woman’; “When in Doubt…. F***”! So, when PSU banks are reeling under stressed assets on one hand and government pressure to implement…

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