prosaicview

Author - Prosenjit Datta

The Bad Bank is a Bad Idea

Setting up something like this ignores the basic issues that caused the bad loans in the first place From time to time, the idea of the Bad Bank, which will house all the bad loans of public sector banks and deal with...

How to Understand the Budget

Five things to keep in mind to separate the noise from the substance For business editors, corporate titans and economists, the great Budget circus is an annual national event second only to, perhaps, IPL. The build up...

Too many shortcuts

The DCGI needs to realise that unlike a vaccine will eventually be given to the entire population and that is why it is particularly important to be careful about approving it. The Coronavirus pandemic has tested the...

Allowing Foxes in the Hen House

The suggestion of the RBI Internal Working Group that corporations should be allowed to own banks is a bad idea It is a bit difficult to understand why the Internal Working Group (IWG) of the Reserve Bank of India bats...