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?”

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”

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?”