The Indian Banks and The Western Banks

There has been lot of articles on the USand European banks. Let us try to analyse the domestic banks and corporates. India’s strengths is the companies they are profitable , well run and have healthy

balance-sheets. But there are pockets of indebtedness, too. A tradition of “promoters”—as individuals or families with controlling stakes are known—can lead firms to borrow rather than dilute down their masters’ stakes by issuing shares. A rabble of public-sector walking dead, from Air India to local electricity boards, bleed cash yet still get access to state-owned banks. And a boom in infrastructure projects, from roads to power stations and airports, is being paid for Continue reading “The Indian Banks and The Western Banks”