NPA

economy-rbi

Prompt Corrective Action Vs Politically Correct Action

Bharat’s banking sector is now getting into vicious cycle of NPA-led dip in bank profitability- weaker bank balance sheets- decline in incremental bank credit. This is not an overnight phenomenon…


PNB Fraud

Lessons from the PNB Fraud

The recent Punjab National Bank (PNB) episode highlights the need for effective internal controls in the banking system and swift action by the regulators, law enforcing agencies and the government….



Acche Din

Glimpses of Acche Din at the End of the Tunnel in 2019

Bharat’s economy is now getting into vicious cycle of delayed and stalled mega projects- NPA-led dip in bank profitability- weaker bank balance sheets- decline in incremental bank credit. Cost escalation…


Economic Legacy of Congress

Legacy of the Past: A Complex Economic Puzzle

I partly differ with Mr. P. Chidambaram’s views in his article – ‘Across the aisle: Clueless in New Delhi’, written in The Indian Express on 17th September, 2017. The credit…