Bankers have successfully achieved their dream of five-day work along with wage revision with the help of their unions, but there is more than meets the eye. LetтАЩs get into the details and understand...
The government has time and again stated that тАШwrite offтАЩ does not mean relief to the borrower as recovery processes continue. But in practice, banks are compelled to forgo any hope of recovery.
Does configuration or reconfiguration of a nationтАЩs financial system, which is comprised of financial institutions and markets, imply its growth and welfare? The question has a lot of gravity since it helps reconfiguring and/or...
Inequality in India is at obscene levels. While still home to a very large number of people living in destitution, the number of dollar billionaires in India increased from one in the mid-1990s to...
Greed has made the US banks crash again. This time Bond markets failed them. Indian banks are also more into markets while discouraging the public with hefty bank charges, closing rural branches and denying...
Share trade resembles a local market auction -the anxious traders,their tricks and hacks and the adrenaline raising rounds of bid. Two decades back it was literally so with share traders jumping around most of...
Recently the Ministry of Corporate Affairs had sought public comments on changes being considered in the Insolvency and Bankruptcy Code 2016. In consultation with experts and civil society we submitted our responses to the...
Cesses collected in early independent India were intended to aid the development of specific sectors. The different finance commissions from the Fourth Finance Commission disallowed the inclusion of cesses to the devolution pool as...