A few traditional investors in microfinance companies in India seem to be a disappointed lot these days. They say there’s too much hype about how…
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POLYMER NOTES: What’s That?
In December, the Central Bank of the United Arab Emirates announced that the new 50-dirham polymer banknote would be used alongside the paper banknote as…
Anatomy of India’s Biggest Bank Fraud
At the Olympic Games, the champion stands on the highest step in the centre to receive the gold medal. The runner-up stands to the winner’s…
India’s BANKING STORY Still Evolving
After the September quarter earnings, when the banking industry had made record profits, we saw a spring in the step of bankers. After the December…
Decoupling From US: BOLDEST Monetary Policy of Shaktikanta Das
When the Reserve Bank of India (RBI) Governor Shaktikanta Das was reading the monetary policy statement, laced with quotes from Mahatma Gandhi and Lata Mangeshkar’s…
For RBI, Is It Time To Formalise The Normalisation Process: Part II
The gross borrowing in FY23 is estimated at R14.95 trillion (after the so-called switch of certain papers, it’s Rs14.31 trillion) — a historic high. The…
Reserve Bank: Is It Time To Formalise The Normalisation Process?
The first of a 2-part series on this week’s monetary policy of the Reserve Bank of India. In many ways, Reserve Bank of India (RBI)…
Waiting for the Amrit Kal, India At 100
In February 2021, Union Finance Minister Nirmala Sitharaman had hinted that the Budget would set the tone for the next decade. In this year’s Budget,…