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By Ajit Ranade |
In last year’s Independence Day speech, Prime Minister Narendra Modi had spoken about investing 100 lakh crore rupees (…
By Ajit Ranade |
The former Chief Economic Advisor Arvind Subramanian has said that the current economic slowdown in India looks more…
The Indian economy is going through a significant slump. Industrial output contracted 3.8 per cent in October from a…
By Ranjit K Pattnaik |
The Monetary Policy Committee (MPC) in its resolution on December 05 2019 kept the policy repo rate unchanged at 5.15…
By Himadri Bhattacharya |
It was one of those rare events where the ex ante probability of the actual outcome was close to zero. A rate cut in…
By M Damodaran |
At the heart of the matter is the failure of a multi-state cooperative bank, which is no more than a cooperative…
By Himadri Bhattacharya |
The deputy governor in charge of monetary policy, among other responsibilities, left the RBI towards the end of July…
By now, there is consensus among economists that there is a serious crisis in India’s economy. Public debate on the way…
By Ranjit K Pattnaik |
With a fourth successive policy rate cut of 25 basis points on October 4, 2019, the cumulative reduction of rate cuts…
By Himadri Bhattacharya |
With a 25-basis point cut in the policy repo rate by the MPC of the Reserve Bank in its fourth bi-monthly meeting this…
By Ajit Ranade |
The freezing of accounts, and stoppage of lending and deposit taking activity of Punjab and Maharashtra Co-operative…
By Ranjit K Pattnaik |
The reduction in the corporate tax rate and other relief announced by the government as part of a stimulus package will…
By Ajit Ranade |
Former Prime Minister Manmohan Singh urged the government of India to do more to enhance the spirit of cooperative…
By Himadri Bhattacharya |
The dividend pay-out of Rs. 1,75,987 crore from the RBI to the government for 2018-19 follows a paradigm shift in the…
By Devidas Tuljapurkar |
Over the last several years, Public Sector Banks (PSBs) have been struggling hard to come to grips with mounting Non-…