Will large banks wither away with the onslaught of the FinTechs/Big Techs? FinTechs have been nibbling away at the share of the banking system in basic banking activities related to payments, investments and now even lending. We have seen PhonePe, Mobiqwik, etc in the payments space take advantage of the favourable regulatory landscape with UPI, andContinue reading “Fintech Invasion And Future Of Banking Industry In India”
Category Archives: Finance
Infrastructure – NIP National Infrastructure Pipeline and/or Nationally Important Projects?
We have had the experience of building quite good and substantial Infrastructure over the last few decades across roads, ports, power, airports ,telecom etc. Like all other nations, developed and developing, we have had a setback on account of covid. We have an additional issue, that of providing for our 1.4 Bn people. This requires,Continue reading “Infrastructure – NIP National Infrastructure Pipeline and/or Nationally Important Projects?”
Development of Underdevelopment
A self reliant India capturing opportunities across the five pillars of economy, Infrastructure, Technology, Demographics, and Demand; recognising simultaneously the need for reforms across Land, Labour, Liquidity, and Laws has been a clarion call given by our Prime Minister – How will we achieve it given our legacy? We have for long been a nationContinue reading “Development of Underdevelopment”
The Case for an Alternate Credit Delivery System
Pursuant to the recent publication of the draft guidelines by Reserve Bank of India for sale of loan assets on the 8th of June 2020, I’m sharing thru this blog, a piece written on the same subject and an article jointly authored with Mr Anand Sinha (retd. Deputy Governor RBI) on 30th January 2019 TheContinue reading “The Case for an Alternate Credit Delivery System”
NOT MADE IN CHINA – VOCAL FOR LOCAL IN INDIA!
NOT MADE IN CHINA. This is not a call anywhere, yet. However, members of the pro democratic party in Hongkong peddling merchandise labelled “NOT MADE IN CHINA” have been proceeded against. We have also seen China pushing forward for the implementation of the National Security Act in Hong Kong too. So much for the one countryContinue reading “NOT MADE IN CHINA – VOCAL FOR LOCAL IN INDIA!”
Fear in these uncertain time and expectations from RBI
Uncertainty and fear go together. What is certain now, progressively, is that the World is getting into a recession. What is also certain, is that this uncertainty will continue till a vaccine is available. While 170 Pharma companies/labs are actively pursuing this, almost in a race with each other, there is a great expectation thatContinue reading “Fear in these uncertain time and expectations from RBI”
The Great Indian Conundrum – Starting the investment cycle?
The Indian economy had slowed down, for various reasons, prior to the Covid crisis. Kick starting the economic revival to our potential growth was being actively debated. Then Covid happened and spread. We had to choose between economic health and public health and we prioritised the latter, quite rightly so. Economic activity reduced considerably affectingContinue reading “The Great Indian Conundrum – Starting the investment cycle?”
NBFCs in India – an existential crisis?
It all started post Lehman in India. We decided to fire on both cylinders – monetary and fiscal. What came to be known as the GFC had not hit us directly, we had no sub prime mortgages and relatively no asset bubble so to say. We reduced the Repo by 425 bp over six months,Continue reading “NBFCs in India – an existential crisis?”
The Indian Banker 