Monday, October 27, 2014

Indian Banks :Buyer Beware!

The leadership issue in state run Indian banks may not be set right by  fiddling with the selection procedure at the top. There is already a screening procedure at almost every alternate stage which indeed looks like an assessment centre at least on paper. So tinkering with the selection procedure would only slow down decision making.

With double digit NPA figures prophesied by the knowledgeable, (all stressed: those restructured included) banks' bottom lines  will be under stress. Indian banks are perhaps over-regulated and under-performing.

With huge vacancies coming up, owing to retirement, and with a strong government at the centre,  it might be a good time to restructure banks. Leadership, however,  is lagging behind. Until such private sector led restructuring occurs,

Indian banks , are they good avenues? 

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