The train has left the station. That’s how a senior banker describes the report of the Reserve Bank of India’s (RBI) internal working group on…
Month: November 2020
Three Messages From The Lakshmi Vilas Bank Deal
Last Tuesday, the Reserve Bank of India (RBI) declared a moratorium on Lakshmi Vilas Bank Ltd (LVB). Before any of its depositors could think of…
STIMULUS 3.0: Recast Of Credit Guarantee Scheme A Smart Move
Last week, Finance Minister Nirmala Sitharaman announced yet another dose of stimulus – a Rs2.65-trillion Atmanirbhar Bharat 3.0 package. The backdrop of the latest package…
GOLD Loans GLITTER For Banks
In the middle of April this year, facing acute cash crunch, Thais rushed to sell gold in Bangkok’s Chinatown. Wearing masks and keeping a safe…
A Fresh Lease Of Life For Real Estate?
Real estate developers have started announcing the return of the buyers to the market, setting the stage for an increase in home prices. In a seemingly…