Ajit Ranade, December 27, 2023 The government has firmly rebuffed this warning, saying that India’s debt ratio has actually declined from 88 per cent to 81per cent in the past two years. And the Union government is determined to bring the fiscal deficit down to 4.5 per cent in the next two years. CLICK HERE […]
Mounting debt burden is cause for worry Read More »
Ajay Shah, Business Standard, December 25, 2023 In advanced economies, banking is changing. At first, there was `the fintech revolution’. Now, we have seen the loss of stability of bank liabilities through electronic payments. The third problem is the possibilities for important trusted tech-intensive consumer-facing firms to replace banks. Indian financial system has largely held
The forces reshaping banking Read More »
Ajit Ranade, Mint, December 20, 2023 Plug one route and another is found. RBI’s caution on the dealings of lenders with AIFs is justified. The risks of ever more creative devices used for debt renewal demand close regulatory oversight. CLICK HERE TO READ THE ARTICLE.
Evergreening of loans still remains a bane of banking Read More »
Ajay Shah, Business Standard, December 11, 2023 If you were a bad actor, is it efficient to layer position taking on derivatives markets on top of a military or terrorist surprise? CLICK HERE TO READ THE ARTICLE.
Vast profits for unpleasant people? Read More »
Marginlands: Indian Landscapes on the Brink, by Arati Kumar-Rao, is a passionate environmentalist’s account of her journeys across India’s diverse landscapes for over a decade, and of the “slow violence” inflicted on the fragile environment and its impact on livelihoods. Combining journalistic reporting and storytelling, the five-part book narrates stories from Rajasthan’s Thar desert, to
Marginlands: Indian Landscapes on the Brink Read More »
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