Author : Dr K Srinivasa Rao


Develop credit reports to access loans

Develop credit reports to access loans

Sep 17,2016 , 11:18 PM IST | Business
There are four organised Credit Information Companies - CIBIL, Equifax, Experian and Crif High Mark, which have been granted the certificate of registration by the Reserve Bank of India (RBI). CIBIL is the largest and the oldest CIC and is in operation for over a decade, while the remaining institutions are only about three years old. Lenders often rely on these reports to take credit decisions. 
State-owned banks need to reinvent lending capabilities

State-owned banks need to reinvent lending capabilities

Sep 10,2016 , 10:50 PM IST | Business
The marked drop thus comes from State-owned banks, which have greater muscle in the interiors of the economy. Moreover, the recent tendency to go slow on lending to the large sector due to accumulated non-performing assets (NPAs) has added to the trend. With all banks looking at retail to grow, there is a tendency to chase the same target group of potential borrowers. But, sectoral diversification
Making loan default difficult

Making loan default difficult

Jun 04,2016 , 11:32 PM IST | Business
The performance results of the State Bank of India (SBI) for FY16 has provided great relief to the banking sector, which otherwise was besieged with asset quality woes. The quantum of non-performing assets (NPAs) of banks is set to get close to Rs 6 trillion. The portion of stressed assets in the banks now works out to over 13 percent. 
Renewed thrust on agriculture lending

Renewed thrust on agriculture lending

May 01,2016 , 03:27 AM IST | Business
In order to double the income of the farmers by 2022 when the country completes 75 years of independence, several policy initiatives are mooted. Income of farmers cannot be raised unless the ecosystem is revamped including accelerating flow of institutional credit to the farm sector. 
Branchless banking on the rise

Branchless banking on the rise

Apr 24,2016 , 01:11 AM IST | Business
According to a 2012 study by Gallup Inc and World Bank, an estimated 2.7 billion people in emerging markets – almost 40 per cent of the world’s population are without access to even basic financial services.
Banks set for credit growth boost

Banks set for credit growth boost

Apr 16,2016 , 10:48 PM IST | Business
Banks mired under the pincers of bulging Non-Performing Assets (NPAs) on one side and low economic sentiments on the other side have visibly slowed down in performance. They have thus been wriggling out to stay competitive despite some of the borrowers refusing to honour the loan contracts exacerbating asset quality woes. 
RBI goes way beyond rate cut

RBI goes way beyond rate cut

Apr 10,2016 , 04:46 AM IST | Business
By balancing various measures, RBI has created a strong enabling force to bring down effective interest rates on sustainable basis that can aid economic growth. Thus when seen in conjunction, these focused measures when put together can significantly bring down liquidity management costs, uncertainty and steep volatility, if any, in money market rates.