Advertisements

Tag Archive: Banking in India


Where is India headed ?

Here are some dashboard points that I expect after the clean up of  the old currency  what we can expect on the Indian economic scenario :

A huge amount of around 15-20 lakhs crore of black money would be identifiedblog

We will see a bump of 8 to 10% in deposit with banks

Out of the money identified 15 to 20 lakh would be withdrawn over a period of two to three months

Substantial amount of money around 2.5 to 3.5 lakh cr would still remain in system

There would be a wealth destruction of around 3-4 lakhs crores

30% of money will not reach back to RBI

Next 2 to 3 months property prices and land prices can drop till 30 to 35%

Since there is a surge of deposit huge demand for Govt bonds would be there Continue reading

Advertisements

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

%d bloggers like this: