RBI “No” To Yes! End of Road for Rana Kapoor?


RBI yesterday notified Yes Bank its disapproval for the current CEO, Mr. Rana Kapoor, to continue for another 3 years. Instead it has curtailed his continuity to this position to 31st Jan 2019, a little more than 4 months from now. Keep in mind that the Board of Governors for…

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Dirty Banking; The Naked Dance of Indian Banks Asuras


Yesterday, 8th April 2018, PNB Chief tried to assuage investor fears by saying that it will be out of the Nirav Modi fraud in 6 months. My immediate question is “so who’s next?” Earlier we had argued why Nirav Modi in Indian banking is synonymous with ‘John Doe’, just a…

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Indian Banks Performance in Digital Space: FY17


Digital has been the talking point in practically every discussion that banks are having today. So how many really ‘walked the talk’? Did the private banks, as expected, takes the cake or do we see a strong play by public sector banks as well? Without much ado, our analysis indicates…

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FY17 Performance; HDFC shines but declining ROA sums up the Industry concern


Key Takeaways: Revenue Performance: HDFC holds out in NIM growth. At > 20%, it’s way ahead than SBI and other large banks. Of the midsize banks, IndusInd makes it mark at 34% growth. Among the PSU, Indian bank stands tall with a very healthy increase in operating profit at 32%…

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Blockchain hits India shore: Part2


Following quickly on the footsteps of ICICI Bank (Blockchain hits India shore), Yes Bank announced its foray into blockchain. While ICICI started with remittance & trade finance, which is a known use case for blockchain usage in banking (esp in international banking), Yes Bank has implemented it for short term…

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Why I paid 50 bucks to my Bank for online PIN change?


This really got over my head! Now blame for me being a layman or simply my ignorance!!! Recently my debit card got expired and I was issued a new one. The bank had sent me an OTP for pin change as well. Now being a lazy guy or maybe because…

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Strategy Matters! A Brief Peek Into Last 2 Bank Licensee Performance


The last few years have been seen significant activities in the banking industry. It all began with the GOI decision to grant more banking license to bring up competition and as well take banking more to the rural/ under banked/ un-banked areas of the country. The understanding was that there…

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