India Banks – Are Private Banks Really Better than Government Banks?
The question is somewhat rhetorical. Perhaps the customer experience will be better at private banks than government banks, in India. The story may...
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India – Recap Euphoria, Going, Going, Gone
It was always a stretch that the Reserve Bank of India’s (RBI) INR2.1 trillion could well recapitalise the main government-owned banks. At the time...
330 Views
Why Banks May Prefer A Loan Fraud Over NPL? Race to Discover Loan Frauds Can Create Policy Paralysis
After the discovery of PNB (Punjab National Bank) loan fraud in mid-Feb, worth Rs114bn (now revised to Rs127bn), there is a spate of bad news...
275 Views
Hong Kong Monetary Authority–Blindsided by Indian Banks in HK - Could Increase Regulatory Scrutiny
As far as the Punjab National Bank (PNB IN) PNB is concerned, its financial statements have become unreliable now that allegations surrounding...
335 Views
State Bank of India – The Hits Just Keep On Coming
* Two Hits In Two Weeks: State Bank of India’s (SBIN.IN) [SBI] recent results announcement and Punjab National Bank’s (PNB.IN) [PNB] lending fraud...
309 Views