All stories by Tamal Bandyopadhyay
'In No Rush To Say Economy Is Slowing Down'
Rediff.com18 hours ago'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
Monetary Policy's Strong Message To NBFCs
Rediff.com14 Oct 2024The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.
Banks Caught In A Trap
Rediff.com30 Aug 2024The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
BEWARE Of Such Scams!
Rediff.com29 Jul 2024What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.
The Lives PSU Bankers Lead
Rediff.com15 Jul 2024A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.
Home Loans: To Top Up Or Not To Top Up?
Rediff.com6 May 2024The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Wage Pact: Will Bankers Make More Money?
Rediff.com2 May 2024Postings to places at an altitude above 1,000 metres but less than 1,500 metres, between 1,500 and 3,000 metres, and above 3,000 metres entail different rates of allowances -- the higher the location, the bigger the allowance, reveals Tamal Bandyopadhyay.
The RBI Story: 90 Years And Going Strong
Rediff.com24 Apr 2024Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
The RBI Way Of Firefighting
Rediff.com8 Apr 2024Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
Gold Loans On RBI, Finance Ministry Radar
Rediff.com28 Mar 2024Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
40-year-old fintech gurus need 60-year-olds to handhold them
Rediff.com19 Mar 2024The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
'Banking system has learnt lessons from 2008 crisis'
Rediff.com15 Mar 2024'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
Why K V Kamath calls Indian banking system the best in 50 years
Rediff.com14 Mar 2024'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
'Crypto is serious threat to financial stability'
Rediff.com11 Mar 2024'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
Will Bull Run In PSU Banks Continue?
Rediff.com6 Mar 2024>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.
New Challenges Facing Banks
Rediff.com28 Feb 2024As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.
Has Paytm Woken Up Too Late?
Rediff.com20 Feb 2024Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
Is Nirmalaji A Believer In Numerology?
Rediff.com3 Feb 2024There hasn't been any dramatic moment in the first act (the Budget) but nobody would complain. It's par for the course as long as the figures don't change in the main Budget, which will be presented after general elections.
P2P Lending: Barking Up The Wrong Tree
Rediff.com24 Jan 2024P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.
Digital Loan Apps: Boon Or Bane?
Rediff.com18 Jan 2024For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.