In the recent past we have read about: In the absence of any meaningful private sector investment, growth has been heavy lifted by government spending in the last few years mainly to fund infrastructure creation. Young India has also not saved much in traditional instruments, by way of bank deposits, and even here, it hasContinue reading “FINANCIAL SYSTEM LIQUIDITY – A BANKER’S FEAR”
Category Archives: Uncategorized
The Art of Irrelevance
All Human life is a struggle for being relevant, in a way. When a child is born, he needs to be spanked on his bottom by the doctor to let out a cry or a sharp yelp to make the World aware that he is alive.As the child grows up , whenever he is hungry or seeksContinue reading “The Art of Irrelevance”
Fraud, Failure, and Fear
The Indian Banking system has a well laid out procedure for reporting of banking frauds to the Reserve Bank of India. These need to also adhere to stipulated timelines for preliminary and final reporting. The modus operandi for frauds are also circularised to all banks for their precaution. In the last couple of years weContinue reading “Fraud, Failure, and Fear”
Atmanirbhar Aviation in India
Cruising comfortably at a healthy clip of 11% CAGR for domestic travel, and expected to grow exponentially in line with the growth of an aspirational middle class, we had forecast to grow our fleet of 650 aircrafts to 1100 by 2027 and 2380 by 2038. We had planned for adding another 100 airports in theContinue reading “Atmanirbhar Aviation in India”
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?”
Just Do It!
Every news channel and e-paper in India and abroad has only one news – Covid-19, and naturally so. Viewers eagerly look forward to hearing about its abatement, development of a new vaccine, relaxation of lock down, but, are alarmed instead, by the steady increase and spread of the disease across the globe. Every morning andContinue reading “Just Do It!”
Predictable and Avoidable
A MSME borrower approached me yesterday and sought my advices to survive the present crisis as his main supplies of raw material had been discontinued since January and by the time he was able to arrange for alternate supplies and ship his finished goods, the entire world had got into a lock down and hisContinue reading “Predictable and Avoidable”
The Indian Banker 