Indian banking’s inconvenient truths
Improved NPA ratios seem to indicate that Indian banks have turned a corner when, in reality, the reasons behind the record low numbers point at serious emergent risks.
3 June, 2024•11 min
0
3 June, 2024•11 min
0
More in Business
Business
Duroflex wakes up as Wakefit closes in on an IPO
The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.
You may also like
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
From India and Pakistan, two new banks for the Emirates
The acquisition of RBL and First Women Bank, Amazon Now in the Emirates and other updates from the week.