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Malegam Committee

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'I do not know any Anna Hazare, have no comments on him'

Almost nine months after their first open letter, the group of 14 eminent Indians on October 3 dashed off a second open letter to the government. Apart from being more elaborate than the previous......

RBL Bank: Strange Corner Office Changes

One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay. Photograph: Mahipal Soni/Rediff.com On June 19, 2018, the day ICICI Bank......

When will EC ban loan waiver poll promises?

Every political party loves to use the bait of loan waiver to woo the electorate.If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal......

How to fix the PMC Bank crisis

'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and......

'Think of RBI as a profit-making company'

'Only the coming years will tell whether the government finds this an easy way of relieving itself from its fiscal constraints.' Dr Pronab Sen, former chairman, Indian Statistical Commission and......

RBI may drop dividend next year

The Malegam committee on the RBI’s capital adequacy had suggested that the RBI must move away from its methodology to calculate the foreign exchange gains to a weighted average cost-based......

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