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SS MUNDRA
Central bank digital currency won’t serve any special purpose, says SS MundraSS Mundra, former deputy governor of the RBI, doubted the central bank digital currency's effectiveness. He highlighted UPI's widespread us...- Retail loan is not a nirvana, former RBI deputy governor SS Mundra warns bankersBanks have seen a good portion of their corporate loan books turning dud in the recent years, taking the overall bad loans close to 12 per ...
- RBI asks banks to enable account number portability"Banks should look forward to providing more choices to the new generation of customers who are more technology savvy," RBI Deputy Governor...
- Stressed assets resolution mechanisms need more teeth, says RBI Deputy Governor“I think we need to provide more strength to the processes and that is where there are discussions going on," SS Mundra said.
- RBI crack team to monitor payday rushRBI's ATM task force under Mundra has decided to focus all its attention on the upcoming salary cycle from November 27 to December 7.
- PSBs heading to driverless state, succession plan needed: RBI Deputy Governor SS Mundra“We are able to talk about a driverless car, but I think we are far from talking about a leaderless bank,” Mundra said at a banking event i...
- See no major shift in outlook with new governor, says deputy governor SS MundraWe are working on a broad document about the national strategy for financial inclusion and all these inputs from various authorities, says ...
- RBI observing data, rate action on conducive situation, says Deputy Governor SS MundraRBI said that it is closely observing the data as well as other macro developments and will go for another round of rate cut as and when th...
- Small & payment banks may get RBI licences by year-end: SS MundraThe Reserve Bank is hopeful of issuing small and payment banks licences by the end of the calender year, central bank Deputy Governor S S M...
- RBI in talks with government over debt management agencyMundra said he expects banks to pass on the benefits of lower interest rates to the consumers.
- RBI Deputy Governor SS Mundra says room to cut rates if inflation easesThe comments come ahead of consumer inflation data due on Friday. The RBI held interest rates steady earlier this month, but said it could ...
- Diplomatic banker SS Mundra has a will of steelSS Mundra is known among friends as the one who avoids any kind of confrontation, even over insignificant issues. He is called ‘Mr Quiet’.
- Banking sector seems to have entered a phase of relative stability: SS Mundra, Bank of Baroda"Barring anything very unusual in the macroeconomy, it would be fair to assume that we have entered a phase of stability."
- See more rate hikes this fiscal if current inflation levels hold: SS Mundra, Bank of Baroda"I would be expecting a status quo from RBI, but if the present inflation levels continue rate hike is expected before we close this financ...
- Lending to Retail, Agri & SMEs more sustainable: SS Mundra, Bank of BarodaThere is an opportunity to lend in the three segments while there is no environment to chase big-ticket loans, says SS Mundra.
- See room for growth in home loan segment: SS Mundra, Bank of Baroda"The home loan is more like a consumer product and it is more of a customised product where you have to customise the pricing also," SS Mun...
- Expect credit growth to be in 17-18% range going forward: SS Mundra, Union Bank of India"I believe that post October -- in the festival season -- there will be an uptick in capital goods creation, and the whole indices should s...
- Looking at slashing rates on home and SME loans: SS Mundra, Union Bank of IndiaThe flexibility which has come because of the reduction in CRR and the overall scenario, is what the management is trying to pass on to bor...
- Union Bank expects gross NPAs to come down and recoveries to catch pace: SS MundraIn an interview with ET Now, SS Mundra, ED, Union Bank of India, gives his views on company's status and strategies. Excerpts:
- Gross NPA level to come down by March 2012: Union Bank of IndiaIn an interview with ET Now, SS Mundra, ED, Union Bank of India, talks about the bank's performance. Excerpts:
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