The Banking Sector Reveals the Middle Classes Aren’t Really Getting a ‘Bonanza’

There is a euphoria around the “tax bonanza” offered to the middle classes in this year’s Budget. The proposal of no tax for those with annual income up to Rs 12 lakh has been...

Read more February 7, 2025 at 11:16 am Anirban Bhattacharya & Pranay Raj

RBI’s ‘freebies’ for wilful defaulters makes a mockery of the banking system

Anirban Bhattacharya & Pranay Raj A Reserve Bank of India statement on June 8 has set off a raging debate. The bank has allowed for write-offs and compromise settlements for even frauds and wilful...

Read more June 30, 2023 at 1:42 pm Anirban Bhattacharya & Pranay Raj