A First rough draft I hate writing influencing stuff for these ‘namakool’ government people..a true laissez faire capitalist as bollywood would say today – but much as I like to … Continue reading
The overall Credit Growth has shrunk to 16% today and Reverse Repos continue to attract more than Rs 1 Trillion daily ($20 billion). Overnight rates reign low. Foreign Banks and … Continue reading
Standard Chartered and Australia’s ANZ are in advanced talks to acquire separate parts of the Asian retail and commercial assets being sold by Royal Bank of Scotland, according to people … Continue reading
Decision day may be close at hand for big banks seeking to exit the government’s $700 billion Troubled Asset Relief Program. A number of financial institutions, including Goldman Sachs, JPMorgan … Continue reading
Australias ailing economy got a double dose of desperately needed stimulus on Tuesday as the government pledged billions in new spending to avoid recession and the central bank cut interest … Continue reading
This story is draft. Your analysis is welcome. The Sino Indian juggernaut that rose in the early 2000s with the coinage of BRIC economies at Goldman Sachs and hypregrowth rates, … Continue reading
Delhi is growing at 8.4% every year and Bangalore at more than 10%. In related MGI research, by 2015 62% of India’s GDP will be private consumption in its Top 15 cities.
Deutsche Bank is a glaring example of how mistakes are made in India and how getting on their feet is a tough exercise, and India remains the most pliable of all BRIC markets. Indian CRR likely to remain at 22.5%
The government launched its second attempt to stimulate the economy into growing faster. Simultaneously, the Reserve Bank has lowered two key rates to help get more credit flowing through the economy. The repo and the reserve repo rate under the liquidity adjustment facility (LAF) has been cut by 1 per cent while the cash reserve ratio (CRR) has been reduced by 0.5 per cent. The CRR is at 22.5% now but will remain so till the domino effect from these cuts reflects in bank lending. bad 2009!