On February 24, in an interview to a national business news channel, Reserve Bank of India (RBI) Governor Shaktikanta Das once again urged the market…
MPC Minutes: Just a Couple of Things
The Minutes of the Monetary Policy Committee Meeting February held between 3 and 5 has been out. The theme of what all six members have…
HOW TO REVIVE PMC BANK
The clock is ticking. After Yes Bank Ltd and Lakshmi Vilas Bank Ltd (LVB), all eyes are on Punjab and Maharashtra Co-operative (PMC) Bank. The scam-hit co-operative…
Too Many Questions On BAD BANK And INFRASTRUCTURE DFI
The headache over recovery of bad loans will be less for the bankers now. The Budget says there will be an asset reconstruction company (ARC)…
The What, Why And How Of BANK PRIVATISATION…
Bank trade unions have taken to the streets, protesting privatisation of two public sector banks (PSBs). In May 2014, just a fortnight before the Bharatiya…
BOND Market Ko Gussa Kyun Aata Hai
The Monetary Policy Committee (MPC), the rate-setting body of the Indian central bank, did everything it could on Monday but the bond market was not…
Not Two, `Three’ Cheers For Banking
Every economist and banking analyst has got their fiscal deficit estimate for FY 2021 and 2022 wrong but, smelling growth, none is complaining about an…
Some Thoughts On BUDGET And RBI’s MONETARY POLICY This Week
Three days after the much-hyped Union Budget, the Reserve Bank of India (RBI) will announce its February monetary policy, the last for fiscal year 2021….