Kingfisher Debt

How banks could have handled it better… With Punjab National Bank declaring Kingfisher and Vijay Mallya as willful defaulters it has created a new problem for Vijay Mallya. The outcome is unlikely to be anything exciting. That is because there is not much that these banks can actually fall back upon. Out of the total…

PSU Banks

What exactly do they require from the government? As the Union Budget approaches, the big question is what is in store for PSU banks. Obviously, this is the one sector that requires strong medicine from the government and also a helping hand. But this budget needs to go beyond incremental stuff. What is required is…

Global Banking

The equations are changing rapidly… The global banking space has changed drastically over the past 25 years. Back in the early 1990s, the world’s largest banks were from Japan. The likes of Sumitomo, Mitsui and Mitsubishi had touched assets of nearly $1 trillion way back in the early 1990s. Then came the lost decade for…

Banking NPAs

Is the strong medicine the right strategy? The sharp correction in the markets on Thursday was largely driven by the massive provision of Rs.20,600 crore made by SBI towards bad loans. It is not just about SBI. Every PSU bank has seen its profits slip or have moved into losses due to aggressive NPL write-offs.…