Category Archives: Banking

Indian Farmers Protest is a Farce…

The interesting thing about this whole thing is 1. Agriculture/Farming has long ceased to be a profitable pursuit, inputs are costly, 2. water availablity is uncertain (they mostly opt for water-intensive crops like sugar-cane and plantains), 3. labour needs are … Continue reading

Posted in Bad Loans, Banking, Economy, Farmers, Gandhiji, Indian farming community, Industry, Land Acquisition, Land Bill, Life Style, Politics, Uncategorized, Vote Bank Politics | Leave a comment

Does Raghuram Rajan live in a Cuckoo World?

I read the news “Rajan has bad news for savers: Deposit rates set to fall” What Rajan says makes a lot of sense, in ‘economic theory’. I doubt if even his father, a retired bureaucrat, would give him pass marks. … Continue reading

Posted in Banking, Devaluation, Economy, Global Depression, God, India, India - The Unchained Elephant - Now, Industry, New India, RBI, Reserve Bank of India, the Bureaucrats, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

De-stress Indian public sector banks

Picture of a time-bomb along with the news is apt. Yes, if any organisation will destruct Indian economy, hold up its progress and perpetuate the vulgar disparity in the incomes of the average Indian, it is the ‘publc sector banks’ … Continue reading

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Banks to feel the heat of bad loans for some more time, cautions RBI report

The Indian Banking system has built-in systemical handicaps. they can never, repeat never ever, get out of this syndrome of ‘bad debts’. Briefly, these result from (1) the random policies for granting loans in the first place; someone outside the … Continue reading

Posted in Bad Loans, Banking, Economy, Financial Stability Report, gross non-performing assets (GNPA), India, NPAs, RBI, Restructured standard advances (RSAs), the Bureaucrats | Tagged , , , , , , | Leave a comment

Global economy may be slipping into 1930s-like depression, warns Rajan

Global economy may be slipping into 1930s-like depression, warns Rajan While, broadly, agreeing, must recall that the ‘democratic India’ of to-day is totally different from the ‘exploited colonial India’ of the Great Depression years. The Malthusian prophesy of ‘disasterof numbers’ … Continue reading

Posted in 'Indian diaspora', Banking, Devaluation, Economy, Global Depression, India, Industry, RBI, Reserve Bank of India | Tagged , , , , , , , , , | Leave a comment