'It is strange a government that is bold and coercive has meekly chosen to do more of what has repeatedly failed to work in the past.' 'And sadly, rating agencies, the business community, fund managers, and analysts, who know this, have chosen to act as compulsive cheerleaders,' says Debashis Basu.

Banks are cheating customers with rates that are unfairly high, discriminatory, and opaque, denying legitimate savings to borrowers, while the RBI has been looking the other way, says Debashis Basu.

It is clear as daylight to anyone that a charge or a cost to simply reduce interest on a floating rate loan is extortion, but this is exactly what the RBI has officially sanctioned, says Debashis Basu.

Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.

Digital services work best when the seller designs a system where default options are designed to help the buyer, says Debashis Basu.

'The problem is not the performance under Vishal Sikka, but the quality of Infy's board of directors, argues Debashis Basu.

Debashis Basu lists various reasons why laundering through the stock market thrives.

Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.

The government has provided no official explanation behind the note ban that is backed by hard data, says Debashis Basu.

The average bank customer does not know about the Customer Charter because it was designed - under Mr Rajan's regime - to be a lame duck initiative from the start: violating the charter has no consequences, points out, Debashis Basu.

The RBI has created a stunted business model by which payment banks are supposed to shoulder the noble objective of financial inclusion without being able to make much money.

The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision

We remain at the mercy of the global economic climate.

This mindless medley of products does not create choice.

Instead of condemning all businessmen, the PM may like to listen to some of them.

It is best to invest long-term surplus in stocks or equity mutual funds.

The Sensex was around 18,600 by the end of August.

My sense is that we are in a situation similar to 2011-13, notes Debashis Basu.

The best investment schemes fail if they don't offer incentives to intermediaries to push investors.

After the Bihar setback, these are the issues the PM must address to maintain the people's faith in him.