In this episode of The Prosaicview Podcast, Veena Sivaramakrishnan, partner, Shardul Amarchand Mangaldas and an expert on the insolvency law talks to Prosenjit Datta about the changes that have been proposed as well as...
Category - Banking & Finance
Prosenjit Datta
Low Savings, Rising Debt
The Reserve Bank of India’s latest statistics of household savings and debt paint a dismal picture How badly has Covid 19 hit Indian household finances? The Reserve Bank of India’s (RBI’s) household savings and...
The Bad and the Good of too much currency in circulation
The currency in circulation has risen exponentially. What are the implications? The total currency in circulation in India is rising inexorably. By the end of the first week of May 2021, it had crossed Rs 29 lakh crore...
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...
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...
The Long Road to Economic Recovery
The government needs to tackle a demand- as well as supply-shock now. And then it will have to deal with a financial sector on the verge of collapse. The government is slated to release the GDP figures for the first...
The dilemma of central banks
Central banks around the world are being pressured by their governments to ignore inflation and focus on growth and jobs. But can monetary policy help in the latter goals? Reserve Bank of India (RBI) governor...
Can Yes Bank Survive As An Independent Bank
All the King’s horses and all the King’s men may not be able to put Yes Bank together again Now that the Reserve Bank of India (RBI) has withdrawn the moratorium on withdrawals from Yes Bank, we will know very soon how...
The Rise and Fall of Yes Bank, Rana Kapoor – and What Now
How it all went wrong and what the government and regulator need to fix At the time of writing this article, the RBI has announced a moratorium capping the withdrawals from people with accounts in Yes Bank at Rs 50,000...
