Jaimini Bhagwati assesses the key points in RBI's discussion paper on new bank licences.A discussion paper put out by the Reserve Bank of India in August 2010 examines the pros and cons of the......
In the wake of the sharp downturn in the valuations of mortgage-backed securities last year, financial firms justified their investment in these non-transparent instruments on the triple ratings......
The recent bailout of Romania by the International Monetary Fund puts the spotlight back on the East European block of countries and what it means for the Western European banking sector. If......
An economy is like a living human being. All is almost never perfect, but the key is the ability to pass different stress tests, and to have agility (i.e. policy flexibility) to withstand different......
Expressing concerns over rising prices of essential commodities globally, Finance Minister P Chidambaram on Friday favoured adjustments in domestic policies to contain inflation.Welcoming a......