Banking

Bank Privatisation is Not Necessarily the Solution

Commenting on India’s rising dossier of lending scams, Luis Miranda argues that the solution is not necessarily a change in ownership, but mending of the constitution and efficacy of the PSBs management body and consequently, the governance…

Loans Go Bad

The Nirav Modi scam has brought to light the glaring inefficiencies crippling the Indian banking industry. With public sector banks having a predominant role in this crisis, money continues to be pumped into these sick banks merely by virtue of their bureaucratic patronage. Mohit Satyanand, in this…

The Unseen Economics of Jan Dhan Yojana

In this article, Jaimine Vaishnav explores the successes and failures of the Jan Dhan Yojana, while emphasising that the drive towards financial inclusion shouldn’t be at the cost of everything else.

From Demonetization to the Denationalization of Money

Et tu, Raghuram?

A lot of debate in financial circles has recently been focused around the privatization of nationalized banks and merging of smaller banks into bigger ones.

Mr. Rajan and Mr. Jaitley have time and again reiterated the need for not more but bigger banks to spur the next…