I was at a lunch some years ago at RBI in honour of Axel Weber, the President of the Bundesbank,…
Recently I was called for a meeting by one of the ministers in the new government and was stumped by…
With the Congress forming the government largely on its own, discussions on financial sector reform and on public sector bank…
The popular outcry is that Indian economic recovery is being halted by the fact that lending rates have not come…
Are we doing enough to protect our democratic privilege? I don?t believe we are. The first problem we face is…
If on 1 September 2008 you decided to invest money in safe A rated and above bonds, and checked for…
India doesn?t need to assume the mood of gloom and doom that?s fashionable in the West now.
Even though the SLR requirement has been cut to 24 percent bank holdings of SLR are over 27 percent. Both…
?There are in my heart furies and sufferings?, Neruda quotes Quevedo, writing perhaps, for all of India. Mumbai is not…
The global crisis may be taking the wind out of our stock market but it has been quite a boon…
Rumours spread rapidly in crises and lead to an environment of panic that hurts everyone in the system and ultimately…
Builders initiate new construction with an attractive entry price for the first 5% or so of customers, typically their bankers.
I took a walk around the beautiful Horniman circle in Mumbai with a good friend of mine, visiting from the…
The lesson in all this is to be careful of predictions. Half the time they are made without sufficient research…
The ratio of ATMs to branches for India as a whole is 0.47, but the ratio for foreign banks and…
The central bank is the only agency that can act as the lender of last resort, but does this then…
About 85% of top officers get an ?outstanding? performance report. If everyone is outstanding, then who is average?
The fastest growing financial services market in the world is India, not China. Admittedly, the size of the revenue pool…
