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.

Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks.

Each scam that comes out in the open shows the regulators to be miles behind.

Today, the single most popular route of laundering is the stock market platform, notes Debashis Basu.