Yes Bank, SBI and RBI – The Unanswered Questions

Supposedly, the Reserve Bank of India (RBI) has acted swiftly in the Yes Bank issue. State Bank of India (SBI) has been roped in as the white knight. The Finance Minister has said that the depositors will be protected at all cost. RBI has said that the issue will be resolved within the outer limit […]

Does RBI Rate Cut Really Help Indian Economy?

RBI has had another round of interest rate cut on 4th April 2019. What needs to be done to boost the Indian economy? What is the universally accepted answer to which RBI under Shaktikanta Das keeps obliging? Share Market at Historical Highs Sensex has crossed 39000. It is the historical peak for the Indian share […]

Jet Airways Rescue by Government of India: Socialism At Best

If there was ever a doubt whether Government of India is capitalist or socialist, the Jet Airways saga puts all the suspicions to rest. We have a rational private investor – Etihad who wants to take the first flight out of the company. At the same time, there is a Government of India who wants […]

Indian Banks Win, Savings Account Customers Lose

Each of the Indian banks has a tag-line that has something to say about the customers. Each of the Indian banks runs marketing campaign, once in a while, that has something to say about the customers. They speak about the primacy of the customers – how they care about the customers, how customers are central […]