Nobody is surprised at the number of applications that Reserve Bank of India (RBI) has received for setting up small finance banks and payments banks….
Category: Blog
How can rural demand be revived?
The government has revised the fiscal year 2014 economic growth to 6.9% from 4.7% after changing the base year and calculation methods of gross domestic…
RBI will cut policy rate further in coming months
When will we see the second rate cut in the current monetary cycle in India? Those who were looking for a clue to this in…
Next rate cut after budget?
Shall we see yet another rate cut on Tuesday at the monetary policy review? To what extent will the policy rate come down in 2015…
The PKC legacy in Icra
In April 1991, about three months before then finance minister Manmohan Singh dismantled the licence raj, devalued the rupee to make exports competitive and ushered…
Cosy relationship with companies to end
Indian corporations have been cheering the Reserve Bank of India’s (RBI) policy rate cut, the first reduction since May 2013. After a prolonged fight, the…
Leo Puri: The accidental manager
In the summer of 2012, Leo Puri went trekking to the Mount Everest Base Camp with his wife and teenage children. But climbing up to…
The first in a series of RBI rate cuts
Reserve Bank of India (RBI) governor Raghuram Rajan’s Pongal gift, a quarter percentage point cut in the policy rate announced before market hours on Thursday,…