Monday, February 06, 2017

Interesting Readings

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What ails the economy? by Ajay Shah in the Business Standard , 6 February 2017. A CEO's tale on demonetisation , by an Anonymous CEO...
Wednesday, February 01, 2017

Distortions in the Indian land collateral market

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by Bhargavi Zaveri . In conventional finance theory, land is considered to be good collateral for three main reasons: it is easily trac...
Sunday, January 29, 2017

Are States Really at the Centre? Myth and Reality

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By M. Govinda Rao. Ever since the Fourteenth Finance Commission (FFC) recommended the tax devolution of 42% of the divisible pool to the Sta...
Friday, January 27, 2017

Establishing the Financial Redress Agency

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by Dhirendra Swarup. The Ministry of Finance has recently invited comments on the report of the Task Force to establish the Financial Redre...
Wednesday, January 25, 2017

How would demonetisation have shaped up under an improved RBI board?

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by Bhargavi Zaveri . Demonetisation has brought fresh attention to three aspects of RBI's board: autonomy , accountability and transpar...
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Tuesday, January 24, 2017

The RBI board: Comparison against international benchmarks

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by Ila Patnaik and Shubho Roy . Transparency and governance in central banks There is renewed debate about the working of the RBI board, ...

Judicial Procedures will make or break the Insolvency and Bankruptcy Code

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by Pratik Datta and Prasanth Regy. The key test of any default resolution process is: how much value is recovered by the lender? The most...