Leaders

India must face harsh reality over consolidation

India's banking sector has long been considered a laggard in relation to the country's hugely successful economy, and this year's Top 1000 Banks ranking shines a new and unflattering light on the true extent of India's malaise.

Viewpoint

The G-20? Better to make changes to the IMF

Svein Gjedrem - Governor, Norges BankSvein Gjedrem - Governor, Norges Bank

The G-20 played a key role in averting a global depression but the IMF has greater overall legitimacy.

Bracken

Might bondholders suffer more in the next crisis?

The Bracken column is named after Brendan Bracken, the founding editor of The Banker in 1926 and chairman of the modern-day Financial Times from 1945 to 1958.The Bracken column is named after Brendan Bracken, the founding editor of The Banker in 1926 and chairman of the modern-day Financial Times from 1945 to 1958.

Over the past two years, financial institutions have received an estimated $1300bn in government-funded capital. This public-sector recapitalisation, coupled with extensive liquidity support, probably prevented the collapse of several banking systems worldwide.

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