For Nirmalaji's immediate attention!

'No one seems to have looked at the extent of money that is being borrowed by individuals, and the rising levels of household debt.''At their present rates of growth, personal loans in India could......

Households invested only 2% in equities

Retail investors are showing no appetite for stocks as an investment avenue even as the BSE Sensex has been hitting new heights every day. In 2004-05, just Rs 7,787 crore (Rs 77.87 billion) worth......

Banks divided on savings deposit rate

Public sector banks are up in arms against a proposal to free the savings bank interest rate -- the last bastion of administered rates.The Reserve Bank of India has been toying with the idea of......

Is it fair to nudge household savers through policies?

We are probably working with flawed data on household finance, says Debashis Basu. In early August, the Reserve Bank of India (RBI) formed a committee to study the state of household finance in......