Last year, a chief manager of a public-sector bank (PSB) in Rajasthan was served a notice a day before he was to retire. The charge…
Reserve Bank Ushers In EARLY DIWALI For CONSUMERS
If you were walking on Mumbai’s Mint Road on Friday, where India’s central bank is headquartered, you would have seen fireworks. Yes, the Reserve Bank…
Of ‘Boring’ MONETARY POLICY And Witty Money Men
Everybody and her aunt are speculating about yet another rate cut by the Reserve Bank of India (RBI) this week, when its rate setting body…
MIS-SELLING Of A Different Kind
We are all aware of the phenomenon of mis-selling of insurance and mutual fund products at bank branches across India. Some banks are more aggressive…
When DFS Secretary Plays Vikramaditya
Legend has it that King Vikramaditya of the Gupta Dynasty frequently disguised himself as a commoner to assess the wellbeing and conditions of his subjects….
Are We On The Cusp Of An INSURANCE REVOLUTION?
Early April in London, Finance Minister Nirmala Sitharaman addressed the India-UK Investor Roundtable painting a vivid picture of India’s financial sector — open to the world,…
Too Many `Episodes’: Where Does The Buck Stop?
Last Monday, April 28, IndusInd Bank Ltd’s deputy chief executive officer resigned. A day later, its managing director and CEO followed suit, “owning moral responsibility”…
How To Make Health Insurance Healthy
On July 16 last year, a private hospital at Patran in Patiala, Punjab, sought authorisation from a large health insurance company for cashless treatment of…