Spring/summer 2020 brought a new phrase to the fashion vocabulary: Midriff flossing. The trend caught on in 2021. That’s in the world of fashion. In…
2022: Some Trends, Few Challenges
Yet another year, marked by the Covid-19 pandemic, has ended. A fortnight back, a sharp drop in the rupee against the dollar must have given…
GOODBYE SHADOW BANKING
Early this year, the boss of a large non-banking financial company (NBFC) wanted to know why the media always describe NBFCs as shadow banks. As…
Interpretation Of ARC Maladies
A December 14 late evening release by the income tax department has confirmed the worst fears of many in the Indian financial system on how some…
The Good And Not-So-Good Of New Bank Ownership Norms …
On a cricket field, when a fielder drops a catch, the spectators groan. On a football ground, when a striker misses a penalty kick, the…
RBI Policy: Normalisation By Stealth
There is no surprise in the outcome of the three-day meeting of the monetary policy committee (MPC) of India’s central bank — one that ended…
Monetary Policy: STATUS QUO Likely
Blame it on Omicron. That is, if the Monetary Policy Committee (MPC) of the Indian central bank decides to hold on to policy rates this…
The Story Behind The Sacking Of Reliance Capital Board
A six-line press release of the Indian central bank, signed by a chief general manager, on Monday evening, announced supersession of the board of directors…