Category: Opinions

India is a bank-dominated financial system with about two-thirds of all financial assets in the economy belonging to the banking sector.

The new regime must be one that can hold all entities to a common standard of institutional conduct in how they deal with the individual customer, including how they sell products.

At least 988 million Indians–more than the population of Europe and 75% of all Indians–are not covered by any form of life insurance, and an Indian is assured of only 8% of what may be required to protect a family from financial shock following the death of an earning member, according to our analysis of government data and industry data.

Several studies have found that the Indian banking sector, while having a large number of players, has monopolistic competition.

NBFCs are particularly vulnerable to wholesale funding constraints in the form of high and volatile borrowing costs

Ideas on how to benefit from the account opening momentum and make progress on usage as well.

Banks not passing on rate cuts points to a lack of intensity in price competition and calls for increasing the number of lenders

Op-Ed in Bloomberg Quint

The heady optimism following the judgment is beginning to wane in the absence of a practical law that enforces the rights it asserted.

The troubles of the banking sector, and public sector banks (PSBs) in particular, are well known.