The institutional autonomy and independence of the RBI is very important for its credibility and reputation. The latter is a precious and fragile thing, and needs to be…
Columns, et al
Columns by date
By Jagdish Rattanani |
We see an unending bout of meaningless growling that sucks out all energy from public debate, reducing everyday conversations to confrontations that are ugly, loud and…
By M A Kalam |
Do celebrities have proprietary rights over a country and should they use the love of their fans and the popularity of their game to spread messages that ratchet up…
By Ajit Ranade |
The midterm elections in the United States are a significant barometer of the voters’ perception on the President’s performance. They occur exactly at the mid-point of…
By Himadri Bhattacharya |
Over the last few years, there have been demands for the use of the RBI’s internal reserves for fiscal purposes, like recapitalisation of PSBs and higher dividend…
By Jagdish Rattanani |
This is the season of the RBI being looked at and studied threadbare as the central bank hits the headlines like never before. The one good thing about the current crisi
By Jagdish Rattanani |
There is merit in the argument that the Reserve Bank of India is not a free bird. An elected political leadership that is overbearing, even wayward, stands superior to a…
By Ranjit K Pattnaik |
As the RBI and the government prepare for a crucial meeting of the RBI board on November 19, the discussions have boiled down to one critical question, and it carries a…
By Jagdish Rattanani |
There has been much discussion around zombie firms and zombie lending in recent times. In India, the term has been used (and was referred to again last week by the RBI…
By Vappala Balachandran |
How do we prevent a situation like the present implosion within the Central Bureau of Investigation (CBI)? Till the 1990s, the CBI was considered the only dependable…
By Ajit Ranade |
Two years ago, a visibly angry Finance Minister, responding to the Reserve Bank of India’s inaction on reducing interest rates, as desired by his government said he…
By Ajit Ranade |
The Reserve Bank of India was set up twelve years before India’s independence. In the eight decades of its existence it has distinguished itself with conduct of the…
By Ranjit K Pattnaik |
It is barely two years since Urjit Patel took charge as Governor of the Reserve Bank of India. Viral Acharya, the Deputy Governor, has spent even less time in his post.…
By Himadri Bhattacharya |
At the heart of the rift is an uneasiness and some alarm in the bureaucratic and the political circles that PCA will accelerate the loss of market share and cause…
By Jagdish Rattanani |
In terms of a speech, it is unprecedented in its forthrightness and signals a pushback like none other. It marks an almost unprecedented waving of red flags to bring to…