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”
Category Archives: Assets
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 