Former Federal Reserve Chairman Ben Bernanke acknowledged that policy makers made two critical errors fighting the financial crisis a decade ago: They failed to see
Author: Anil R Tikotekar
Don’t interfere in insolvency resolution proceedings: SC to NCLT/NCLAT | Business Standard News
The Supreme Court on Thursday said the National Company Law Tribunal (NCLT) and the Appellate Authority (NCLAT) should refrain from interfering in insolvency resolution proceedings by the
Structural reforms needed to fix CAD challenges | Business Standard Column
India is currently facing challenges in the management of its external account, reflected in worries about rupee depreciation, and concerns about the current account deficit (CAD). India’s
Public sector banks’ governance poses systemic risk – The Hindu BusinessLine
If there is little change in the way the banks are run, a substantial pile of fresh bad debts will be generated again in a
No ‘halla bol’ at defaulter’s residence: Kerala HC to Corp Bank – The Hindu BusinessLine
The Kerala High Court, on Thursday, restrained the management of Corporation Bank from holding any sort of demonstration by its employees in front of a
All you wanted to know about MahaRERA – The Hindu BusinessLine
The implementation of a regulator for real estate transactions in India was expected to revive buyers’ confidence in the realty market. It has been little
10 yrs of Lehman crisis: Lessons India didn’t learn from the 2008 meltdown | Business Standard News
The global meltdown saved the RBI It seems absurd a decade later to believe this but in 2009 an Indian financial company had bid for
Blow to exporters | Business Standard Editorials
At a time when India is once again facing a rising current account deficit, it is reasonable to ask why the problem of an inability
NPA uncertainty: Supreme Court decision will muddy the waters further | Business Standard Editorials
On Tuesday, the Supreme Court issued an order staying further moves against the distressed power sector by its creditors. It also transferred all the pleas in various
Anti-profiteering: Follow the non-existent rules | Business Standard Column
The National Anti-Profiteering Authority (NAA) is super-busy these days. The authority, which is supposed to ensure that India Inc does not make unfair gains by
Global financial crisis: How India can look ahead by looking back | Business Standard News
As a backstop to banks, a vibrant corporate debt market is absolutely essential for risk diversification In March 2007, I accompanied Axle Weber then President
‘In FOB contract, seller must bear the charges for loading cargo on vessel’ | Business Standard News
We have a contract on FOB basis and the cargo is to be shipped mainly in break bulk mode. The customer (buyer) will arrange the
With NPAs worth Rs 500 bn, banks need 40-60% haircut to get RP4 rating | Business Standard News
With bad loans worth over Rs 500 billion under RBI’s independent credit evaluation (ICE) framework, a report on Wednesday said that banks need to take a haircut of 40-60
GST: Last chance to claim GST Credits for previous fiscal: All you need to do within this month–Economic Times
By Priyajit Ghosh The credit of GST paid on expenses against the GST collected on revenue is the heart of a ‘value added’ tax system. Thus, GST
Supreme Hiatus in Insolvency Proceedings–Economic Times
The Supreme Court has stayed bankruptcy proceedings set to be initiated against power producers and others till mid-November. Assorted debtors had challenged bankruptcy proceedings that
RBI Ex-Governors’ Insights on NPAs–Economic Times
This week, two former governors of the Reserve Bank of India (RBI) have spoken about financial and banking crises. Duvvuri Subbarao, governor from 2008-13 spoke
Lehman Brothers: Root of NPA woes is the restructuring carried out during the Lehman crisis – The Economic Times
India must consider setting up a sovereign wealth fund to invest excess reserves in commercial assets rather than in the might of the dollar. As
Lehman Brothers: We took both conventional and unconventional steps: Duvvuri Subbarao – The Economic Times
We would have done everything that we did in real time because we were operating in real time within the universe of knowledge available to
Stimuli helped weather storm but skewed macros – The Economic Times
Duvvuri Subbarao has had the most inauspicious start to his stint as RBI governor. Within days of assuming office, Lehman Brothers collapsed leading to the worst global financial
Raghuram Rajan | NCLT: Big promoters using IBC to file frivolous appeals: Raghuram Rajan–Economic Times
Some of the promoters of companies in default are still attempting to game the system and the judiciary should resist its temptation to encourage frivolous