Prudent accounting policies ensured that RBI had a strong and resilient balance sheet: Dy Guv Murmu

Shirish Chandra Murmu, Deputy Governor of the RBI. , Photo credit: cueapi With an economic capital of about 25 percent of the balance sheet, the RBI is in a formidable position to effectively fulfill its public policy mandates while ensuring monetary and financial stability, said Deputy Governor Shirish Chandra Murmu. “The prudent accounting policy over […]

The banking sector is approaching the soil; Growth and margin recovery can start at H2: Pranav Gundlapalle

The Indian banking sector may be close to turning a corner to make a corner, according to Pranav Gundlapalle, senior research analyst at Sanford C Bernstein. After months of slower credit growth and margin pressure, he believes that both growth and profitability can start to improve compared to the second half of the current financial […]