Indian Banks – Lay of the Land

A kid went to his father and told that he scored 10th rank in his class. His father being a rational man asked, how many students are there in your class? To which his son responded: 10. Jokes aside, there is an important lesson to learn. Click here to read the rest.

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5 thoughts on “Indian Banks – Lay of the Land

  1. Thanks for another insightful post.
    You may be aware of new entrants like monexo.co.in who started offering peer to peer lending opportunities. Loans are offered without collateral assuming that borrowers will be generally disinclined to default for fear of getting a hit on their CIBIL scores. This will have a far-reaching impact on the loan industry. I think that spreads will reduce in the long run.

  2. Hi Jana,
    Another feather in your cap. A very insightful article about our banks. Each one of your posts make for great reading, not in terms of entertainment but in terms of benefit to all your readers. The insight gained by one of your articles proved very profitable to me. Thank you once more.

    Kaviraj

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