Going by Reserve Bank of India (RBI) governor D. Subbarao’s track record, the quarterly monetary policy review on Tuesday represents a giant leap of faith…
Month: January 2013
RBI to cut rate by 25 bps for sure, CRR cut uncertain
Every bond dealer and his dog expects the Reserve Bank of India (RBI) to cut its policy rate when it announces the quarterly review of…
Be cautious, no need to change stance on bank licence
In September 2010, two years after the collapse of US investment bank Lehman Brothers Holdings Inc. that triggered an unprecedented credit crunch globally, the International…
Kingfisher Airlines: the beginning of the endgame?
One day in the last week of December, Vijay Mallya , the flamboyant chairman of the UB Group, met bankers at a south Mumbai hotel….
How UK, US fill up central bank posts
In September, the Bank of England advertised in all leading newspapers and periodicals in the UK and overseas, looking for the right candidate to succeed…