Latest news with #TamalBandyopadhyay
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Business Standard
20-07-2025
- Business
- Business Standard
How much liquidity does RBI want: Appropriate, adequate, or abundant?
Liquidity in the system had a deficit of Rs 2.4 trillion towards the end of the last financial year (on March 23); it is now in surplus of around Rs 3 trillion Tamal Bandyopadhyay Listen to This Article Water, water, everywhere, Nor any drop to drink. These two lines from Samuel Taylor Coleridge's poem, The Rime of the Ancient Mariner, summed up sailors' plight: they are dying of thirst despite being in the middle of the ocean since all around them is the undrinkable saltwater. These days, if you sneak into the cabins of senior bankers managing liabilities, you'd find them facing a similar situation, with one difference – in place of water is money. The system is slush with money but the pile of low-cost savings and current accounts is depleting every quarter. There is no cheap money
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Business Standard
06-07-2025
- Business
- Business Standard
Players on the payments turf: UPI, AePS, PPIs boost digital outreach
UPI and AePs together have changed India's payments landscape. AePS's playing field is rural and semi-urban India Tamal Bandyopadhyay Listen to This Article In the last week of June, the Reserve Bank of India (RBI) issued guidelines to strengthen the Aadhaar Enabled Payment System, or AePS. All of us are familiar with UPI – Unified Payments Interface. What's AePS? We can call AePS UPI's elder brother. Launched in 2011, five years before UPI came into being, it's a bank-led model that allows online, interoperable financial transactions at MicroATM terminals using Aadhaar authentication. Aadhaar is a 12-digit unique identity number for all residents of India, based on their biometrics and demographic data. UPI, in contrast, is a system that allows for real-time, person-to-person and
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Business Standard
29-06-2025
- Business
- Business Standard
SBI at 70: A legacy institution that mirrors India's economic rise
Who says the elephant can't dance? The theme that runs through the bank's 70-year lifespan is its willingness to change in sync with time Tamal Bandyopadhyay Listen to This Article On Tuesday, July 1, the nation's largest lender, the State Bank of India, will turn 70. Happy Birthday, SBI. The roots of SBI lie in the first decade of the 19th century, when the Bank of Calcutta (later renamed the Bank of Bengal) was set up in June 1806. Its current avatar is the result of the conversion of the Imperial Bank of India, following recommendation of the All-India Credit Survey Committee, via the State Bank of India Act, 1955. The mandate was to extend banking facilities to unbanked regions and serve the credit needs of rural India. A July
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Business Standard
22-06-2025
- Business
- Business Standard
Good show by banks as most register a rise in profit, but challenges ahead
Overall, public sector banks have put up a better show than private banks on most parameters premium Tamal Bandyopadhyay Listen to This Article As the first quarter of the current financial year comes to a close next week, let's look at how listed private and public sector banks (PSBs) have done in the last quarter of financial year 2024-25 (January-March 2025). Barring seven private and just one public sector bank, all have recorded a rise in operating profits. Overall, the operating profit of listed banks (excluding small finance banks) was Rs 1,55,704 crore in the March quarter, up 4.45 per cent from the year-ago quarter. While private banks' collective operating profit dropped 2.9 per cent, for PSBs, it rose 12.1 per cent. All
Business Standard
17-06-2025
- Business
- Business Standard
Tamal Bandyopadhyay
Tamal Bandyopadhyay is an Indian business journalist, known for his weekly column on banking and finance 'Banker's Trust' published in Business Standard. He is a senior advisor to Jana Small Finance Bank Ltd. He was an adviser at Bandhan Bank Ltd from August 2014 till October 2018. His latest book is Roller Coaster: An Affair with Banking. A student of English Literature (a postgraduate from the University of Calcutta), Bandyopadhyay began his career in journalism as a trainee journalist with The Times of India, in Mumbai in 1985.
