Why DBS Bank's woes is a forewarning to bankers on a digital dope
While digital is a given, over-emphasis on cutting-edge tech can inadvertently stretch operational resilience thin
banking system
December 2023
November 2023
June 2023
May 2023
February 2022
RBI insecure about unsecured loan surge
Between FY18 and H1 FY24, credit card loans trebled to ₹2.2 lakh crore while personal loans grew 2.5 times to ₹13.4 lakh crore
The flip-side of RBI's "compromise settlement" formula for stressed asset
Banking system needs more stringent stressed asset management norms and tighter regulatory oversight, rather than ‘compromise settlements' with willful defaulters causing the stress
JP Morgan Chase acquires First Republic Bank
First Republic Bank has been touted as the “weakest link” in the US banking system after the collapse of the Silicon Valley Bank in March this year.
How banking frauds mount
AGB Shipyard’s loan defaults were known since 2013 and continued to be ignored till 2016. Its frauds were found out in 2019 and yet not much happened until it exploded in February 2022.
