Is it a bird? Is it a plane? No, that’s Jonty Rhodes! That is how the commentators reacted to South African cricketer Rhodes’ flash fielding…
Month: April 2020
Can Rate Cut Force Banks To LEND?
Recently, the Reserve Bank of India (RBI) bought treasury bills from the secondary market. This is no speculation. The weekly statistical supplement (WSS), which the…
RBI Goes For 140 Basis Points Rate Cut In Little Over A Fortnight
Nobody could have asked for more, even in their dreams. India’s central bank, yet again, has gone for an out-of-turn cut in its policy rate….
Come September, BAD loans will Zoom
The Reserve Bank of India’s (RBI’s) December 2019 Financial Stability Report, a biannual health check for the banking industry, had predicted the gross non-performing assets…
The GRATITUDE Story
(Last week I tried my hand at writing a short story, encouraged by an old colleague. A real life story. Many liked it. Confined at home,…
DECODING RBI’s Three-Month MORATORIUM On Loan Repayment
Till recently the depositors of Yes Bank Ltd and even now the Punjab and Maharashtra Coop Bank Ltd would get nightmares on hearing the word “moratorium”. For…
CHEATING For A CAUSE …
STATUTRY WARNING: This piece has nothing to do with finance and banking. An old colleague of mine has found the last piece on this platform…
NOSTALGIA: Remembering My Tryst With Kolkata Banks …
The City of Joy houses three public sector banks. Of the three, two lost their identities on April 1 by being merged with other, relatively…