Harsh Vardhan
Almost half of the lending capacity of Indian banking is closed as  banks are unable to lend. Photo: Bloomberg

The need for a term money market

4 min read . 11 Jun 2018
The banking system can be viewed as a market for funds where banks act as market makers. Photo: Pradeep Gaur/Mint
The Reserve Bank of India (RBI) in Kolkata. Prolonged NPA episodes erode banks’ capital and constrain their ability to grow their loan books. Photo: Indranil Bhoumik/Mint

The severity of the NPA crisis

4 min read . 30 May 2017
For disintermediation to turn into a tsunami, mutual funds have to emerge as a “deposit substitute” in addition to being a credit substitute. Photo: iStock
Photo: iStock<br />

Asset quality and bank loan ratings

4 min read . 01 Jul 2016
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