Deepak Parekh,chairman of Housing Development Finance Corp. Ltd, India’s largest mortgage lender, and the unofficial crisis consultant for the government by being a member of…
Category: Blog
Raghuram Rajan in no hurry to reverse measures
Bank stocks seem to be loving every word of new Reserve Bank of India (RBI) governor Raghuram Rajan. In the past few days, some bank…
Six things D. Subbarao wants to do after retirement
There are six things on his wish list: • Studying mathematics and linguistics • Learning the Salsa dance • Travelling • Re-reading some of the…
D. Subbarao: The govt insider who turned rebel
Mumbai: If not for anything else, the D. Subbarao regime at the Reserve Bank of India (RBI) that ends with his retirement on Wednesday will…
Is the worst over for the rupee?
For two consecutive days last week, the Indian currency rose, to close at 65.71 a dollar on Friday. This is a pretty happy situation, considering…
Has RBI given up on the rupee?
There are two kinds of doctors. One sort diagnoses the ailment, prescribes medicines and waits for the patient to get better. The other prefers to…
Have Indian banks gone to the dogs?
Mumbai: At one Indian bank—Central Bank of India—bad loans exceeded 6% of total advances in the quarter ended 30 June. At six more banks, four…
Bailing out banks, the RBI way
In early morning trading on Tuesday, the yield on the benchmark 10-year bond touched 9.49%. At this pace, it might cross double digits in a…