Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal......
The government on Wednesday reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM) under existing chairman Bibek Debroy, for a period of two years. IMAGE: Bibek Debroy,......
'We still need a certain number of large public sector banks for financial inclusion and stability purposes.' Illustration: Dominic Xavier/ Rediff.com According to the latest Economic Survey, a......
'This is happening regardless of the Budget.' Illustration: Dominic Xavier/Rediff.com According to the latest Economic Survey, a V-shaped recovery is taking place in the Indian economy. The......
Acharya emphasised that the time is "really ripe" for land, labour and agricultural reforms in India. The Indian government needs to reduce its reliance on bond markets and undertake a heavy......