Kamala Das: Celebrating the faithless

I first met Kamala Das in Bank House on Backbay Reclamation. The flat was quite close to what is today my office in Nariman Point (in Mumbai). I had come from Kolkata, where I lived in those days,......

Why Don't These Banks Have A Chairman?

UCO Bank, Bank of Maharashtra, Bank of India, Indian Overseas Bank, Indian Bank, and Central Bank of India don't have a non-executive chairman. IMAGE: Kindly note the image has been posted only......

Why Raghuram Rajan Raced At RBI

The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank......

Over Rs 5,000-crore IPOs likely to hit markets this month

Close to half a dozen initial public offerings (IPOs), worth over Rs 5,000 crore, are expected to hit the markets in December as investor sentiment perks up. Illustration: Dominic......

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Banks have raised concerns over the new international trade settlement in rupee, fearing that facilitation of such a mechanism could result in them facing the ire of economic sanctions by the West,......