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4 mins read
Here's why former RBI governor Rajan and former deputy Acharya believe the plan to allow corporations to own banks is a 'bad idea'
Their direct access into the financial veins of the system would only increase the concentrati…
2 mins read
Viral Acharya resigns: The member of Indian central bank's monetary policy panel and a government critic quits before his term ends to return to US
An outspoken top cat from India’s central bank, Viral Acharya, has quit to go back to teaching at …
1 min read
Viral Acharya says increased government borrowing will make corporate loans costlier
Acharya announced his resignation from the central bank in June citing ‘unavoidable personal r…
2 mins read
Ernest Hemingway helped an Indian economist change his mind on interest rates-- reveal the latest minutes of RBI's June meeting
"How should I vote? I found that I was speaking to myself as Santiago, the old fisherman, in “Old M…
3 mins read
The resignation of the governor of India’s central bank sends a clear indication about the erosion of institutional autonomy under the Modi administration
The rumours had been swirling for the past few months. The governor was on his way out. …
3 mins read
India’s government wants to dilute an important corrective programme for the nation’s struggling lenders — and the central bank is having none of it
The Reserve Bank of India (RBI) and the central government are in the midst of a very public confro…
2 mins read
Here’s why India needs a public credit database
The concept of a national public credit registry has been gaining momentum in India in recent yea…
5 mins read
Exclusive: the accidental business - Patanjali Ayurved
BI India chatted up with Acharya Balkrishna, Managing Director of Patanjali Ayurved to get a rare g…
5 mins read
Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions
Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…
3 mins read
Nepal's is banning Mount Everest climbers from taking pictures and videos of 'others' without consent
Nepals Ministry of Culture, Tourism and Civil Aviation has put a ban on taking and circulating pict…
4 mins read
Uber and Apple are just the start, and eventually every company will want to be a fintech. An Andreessen Horowitz general partner explains why.
Apple and its partner bank Goldman Sachs have recently faced scrutiny over its credit approval algo…
Shannen Balogh
4 mins read
Three things the RBI will have to mull over as it gets ready to announce its monetary policy decision
The Reserve Bank of India (RBI) is set to announce its policy rate decision tomorrow, and this time…
2 mins read
A renowned doctor in Gurugram is recommending spices as cure for Covid-19 – take it with a pinch of salt
Every morning, Dr Parmeshwar Arora, standing through the skyroof of his Audi and speaking through a…
1 min read
Newly appointed Dy Guv Patra to look after RBI's monetary policy division
Mumbai, Jan 15 () Newly appointed RBI Deputy Governor Michael Debabrata Patra will look after the k…
PTI
4 mins read
Covid-19 has made for some very interesting inventions in the past few months. We list some bizarre products we have come across
Meanwhile, advertising watchdog ASCI has been calling out misleading ads, leading to the taking off…
2 mins read
Former RBI governor Patel pens book on dealing with NPA issue
"…in our country, where they own banks, they can use our deposits to lend and splurge for goals th…
PTI
2 mins read
Vishwanathan decides to step down as RBI deputy guv by Mar 31
As deputy governor, Vishwanathan is heading the departments of banking regulation, co-operative ba…
PTI
1 min read
5 key takeaways from RBI’s monetary policy
Meanwhile, the MPC noted that incoming data suggest that the transitory effects of demo…
3 mins read
After 39 years, Vishwanathan leaves RBI due to ill-health
Vishwanathan, born in June 1958 in a middle-class Kerala family, did his Masters in economics from…
PTI
3 mins read
RBI offers Narendra Modi government money to boost growth-- share markets cheer
India’s central bank has been saving for a rainy day and looks like that day has come. Aft…