I don’t know who will be India’s next finance minister but I am quite sure that whoever takes over the critical portfolio will feel like…
Month: May 2014
Govt to gain the most from PSU bank reforms
Last week, a Reserve Bank of India (RBI) panel set up to review the governance of bank boards suggested that the government—the majority owner of…
Rate cut by RBI unlikely despite lower wholesale inflation
At 5.2%, wholesale inflation in April, released on Thursday, surprised analysts. This is lower than the consensus estimate of 5.7%, which was also the March…
Yes Bank-L&T Finance deal: is it for real?
An entity’s unsuccessful attempt to get a banking licence will not come in the way if it plans to buy a stake in an existing…
Should the new government sack Rajan?
Reserve Bank of India (RBI) governor Raghuram Rajan doesn’t need to worry about keeping his job if the Bharatiya Janata Party (BJP)-led National Democratic Alliance…