There is merit in the argument that the Reserve Bank of India is not a free bird. An elected political leadership that is overbearing, even wayward, stands superior to a…
Columns, et al
Columns by date
By Ranjit K Pattnaik |
As the RBI and the government prepare for a crucial meeting of the RBI board on November 19, the discussions have boiled down to one critical question, and it carries a…
By Jagdish Rattanani |
There has been much discussion around zombie firms and zombie lending in recent times. In India, the term has been used (and was referred to again last week by the RBI…
By Vappala Balachandran |
How do we prevent a situation like the present implosion within the Central Bureau of Investigation (CBI)? Till the 1990s, the CBI was considered the only dependable…
By Ajit Ranade |
Two years ago, a visibly angry Finance Minister, responding to the Reserve Bank of India’s inaction on reducing interest rates, as desired by his government said he…
By Ajit Ranade |
The Reserve Bank of India was set up twelve years before India’s independence. In the eight decades of its existence it has distinguished itself with conduct of the…
By Ranjit K Pattnaik |
It is barely two years since Urjit Patel took charge as Governor of the Reserve Bank of India. Viral Acharya, the Deputy Governor, has spent even less time in his post.…
By Himadri Bhattacharya |
At the heart of the rift is an uneasiness and some alarm in the bureaucratic and the political circles that PCA will accelerate the loss of market share and cause…
By Jagdish Rattanani |
In terms of a speech, it is unprecedented in its forthrightness and signals a pushback like none other. It marks an almost unprecedented waving of red flags to bring to…
By M A Kalam |
In different parts of the world, at various stages of the evolution of humanity and in various ways and to different degrees, voices have risen and spoken up against…
By Jagdish Rattanani |
A global movement that focuses on human capital as a driver of change and growth for a new generation is a welcome move. It turns focus from physical infrastructure, a “…
By Arun Maira |
Some economists are vigorously churning out statistics to prove that the Indian economy is generating enough jobs. Some of them are also challenging the thesis that…
By Kiran Desai |
Gujarat has again captured the attention of the entire country for the wrong reasons. The assault and harassment of migrant livelihood-earners belonging to North Indian…
By Ajit Ranade |
India’s economic growth this year will once again be among the fastest in the world, even ahead of China. The real GDP growth rate, i.e. adjusted for inflation will be…
By Jagdish Rattanani |
Under Kochhar, the bank consolidated, but its DNA of aggressive growth took over and problems were back soon. In 2018, PAT was down 30% to Rs 6,777 crore. By July, the…