Arnab Mitra2020-12-04T09:45:50+00:00December 4th, 2020|Analysis - India Global Business, India Inc Views - India Global Business|
The Modi government and the RBI have moved with speed and decisiveness to resolve the crisis at the troubled Lakshmi Vilas Bank (LVB). If this move succeeds, and passes judicial scrutiny, it could open up new avenues for resolving the bad loan overhang in the Indian banking system.
Saloni Shah2019-11-18T14:47:14+00:00November 13th, 2019|2019, North America Edition – 15 November 2019, UK Edition – 15 November 2019|
The recent Supreme Court ruling is a step in the direction of countering the massive non-performing loan problem faced by the Indian banking sector. Doing business in India just got easier. In a landmark judgment, the Indian Supreme Court has ruled that the Committee of (secured) Creditors (CoC) will have the final say of distribution of funds in all insolvency cases under the Insolvency and Bankruptcy Code (IBC), India’s new fast track corporate resolution process. The case Arcelor Mittal, the [...]
Manoj Ladwa2020-08-20T06:59:43+00:00September 9th, 2019|2019, Global Edition – September 2019, North America Edition – September 2019|
India’s recent bank mergers have brought the challenges within the Indian banking system to the forefront again, but the road ahead is brighter, writes India Inc. Founder and CEO Manoj Ladwa. The four biggest banks in the world (by assets) are Chinese. According to the S&P Global Market Intelligence 2019, China has 18 of the Top 100 banks in the world. In contrast, the largest Indian bank, the State Bank of India (SBI) ranks 54th on that list. It is [...]
Manoj Ladwa2020-09-21T08:28:28+00:00August 1st, 2018|Uncategorized|
Indian PM Narendra Modi strikes at the heart of crony capitalism with new law to confiscate the assets of fugitives who flee the Indian judicial system to other jurisdictions, writes India Inc. Founder & CEO Manoj Ladwa. Most Indians had not heard of Nirav Modi prior to the beginning of this year. Fewer still had heard of Mehul Choksi, Nirav Modi’s uncle and allegedly his partner in crime. Both are fugitives from the law in India. The former’s whereabouts are [...]
Saloni Shah2018-08-23T12:18:47+00:00August 1st, 2018|2017/2018, UK Edition - August 2018|
Rana Kapoor is the Managing Director and CEO of YES Bank, one of India’s leading private sector Banks. In this interview with ‘India Global Business’, he delves into the Bank’s plans to set up base in the UK, its wider international business development model and the increasingly digitised nature of India’s banking sector. What is the timeline for the UK opening? The Representative Office in London will be inaugurated within the next 12 months, which is in line with the [...]
India Inc. Staff2020-03-24T06:27:12+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Sector Focus, Year|
The Narendra Modi government and the Reserve Bank of India (RBI) have taken major steps to bring recalcitrant promoters to book and clean up the $210-billion bad loan crisis plaguing the Indian banking system. These can address the issue for now but privatisation is not politically feasible. The scandal over fugitive billionaire Nirav Modi flying away to an unknown destination leaving behind unpaid loans of $1.8 billion has brought the festering bad loan crisis in the Indian banking system to [...]
India Inc. Staff2020-11-24T11:17:59+00:00February 23rd, 2018|2017/2018, Global Indian, UK Edition - March 2018, Year|
Sanjiv Chadha is the Regional Head for the UK for State Bank of India (SBI), India’s largest state-owned bank. The London-based executive, also Chair of the Association of Indian Banks in the UK, took time out for ‘India Global Business’ to elaborate on SBI’s move from a branch of the Indian entity in Britain into a standalone subsidiary, in line with regulatory requirements, and how the Indian roots of the bank have proved a big asset. What will the launch [...]
