RBI’s draft proposal for the amalgamation of Lakshmi Vilas Bank Ltd (LVB) brings down the curtains on the 94-years old bank, struggling to survive over last 2-3 years. Even though the bank is rather small, failure of any bank sends strong negative signal and therefore, calls for RBI’s action in case market forces fail to … Continue reading Lakshmi Vilas Bank (LVB) – An Incomplete Century..
While GDP growth at the national level remains the focus in most discussions, the inter-state disparity goes completely unnoticed. A manifestation of the unbalance was evident during the beginning of the pandemic when mass exodus of migrants occurred, largely from Western and Southern India – the workplace, to Northern and Eastern India – the hometown. … Continue reading Analysing Inter-State Socio-Economic Disparity