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
Category: Merits back reference
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
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
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
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
Banks may show photos of assets to be auctioned – The Economic Times
Soon, banks may show photographs of properties that they put up for auction, along with relevant documents, just like some of the real estate portals do as
Oil on the boil – The Hindu BusinessLine
While some factors are global, levies can be cut and pricing made more transparent With global crude oil now at almost $80 a barrel, petrol
Why burning oil, melting rupee should not worry India – The Economic Times
By Swaminathan S Anklesaria Aiyar The Bharat Bandh called by Congress and sundry opposition parties, to protest against rising fuel prices and a falling rupee, represents the sad populism common
Rupee: Rupee at record low puts RBI under pressure to curb market rout – The Economic Times
By Anirban Nag India has a currency problem and it’s not going away anytime soon. A current-account deficit at a five-year high, elevated oil prices