Balance of Payment (BoP) for 2017-18, as per the RBI data, shows a reasonable jump of over 13% in exports. this has come after a gap of five years during which it has shrunk by nearly the same amount. However, the gans were more than negated by even sharper increase of 20% in imports. But these brief numbers do little justice to the complex dynamics of goods, services and financial trade. A brief attempt to give more sense to the numbers.. Continue reading “India’s Balance of Payment – A brief Analysis.. (Part I)”
The latest Financial Stability Report for March ’18 released by RBI shows that interconnectedness of Indian Banking industry has come down considerably over last year. That is important to note since the rapid spread of contagion during financial crisis in 2008 was primarily due to the fact that the financial institutions in US had become highly … Continue reading Banking Sector Interconnectedness in India..
The amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank announced yesterday comes more than a year after the last successful merger in the PSB space. It clubs two PSBs having less than 2% market share with a mid-sized bank to create the country’s third largest bank. However, there are still around ten PSBs … Continue reading Analysing Amalgamation of BoB, Vijaya Bank & Dena Bank..
The subprime crisis has caught the global attention again, today marking the collapse of Lehman Brothers, ten years ago. The crisis remains a classic case study for the enormity and swiftness with which it unfolded. A brief attempt to revisit and simplify the complex issues involved..The genesis of the issue, paradoxically, lies in another crisis … Continue reading Subprime Crisis – Ten Years On.. (Part I)
In its second attack on shell companies, government prepares to strike-off another 1,00,000 of them from the Ministry of Corporate Affairs (MCA) register. This comes about a year after the first such move when it had de-registered over 2.25 lakh such companies and disqualified over 3 lakh directors. So, what are shell companies and how … Continue reading Understanding Shell Companies…
While software services continue to get maximum attention, Business services is also a sizeable segment and provide some useful insights. The segment reported exports of over $37 bn, less than software, but substantial nevertheless. In fact, its growth rate at 13% implies that it is not witnessing the kind of challenges software is going through. Further, … Continue reading India’s Balance of Payment.. (Part II)
The Central Statistics Office (CSO) released estimates of GDP growth for quarter ended June 18 (Q1 ’18) which hit a eight quarter high of 8.2%. More importantly, manufacturing sector, one of the eight categories within GDP, has shown rebound growing at 13.5%, almost double of last eight quarter average. The sector, contributing nearly 30% to the … Continue reading Analysing GDP and its constituents..
The Insolvency & bankruptcy code (IBC) has received unprecedented attention since its promulgation about two years back, more so, through the whole of this year. The designated courts have also been very busy adjudicating on cases filed before it, trudging through a nascent law which has gone through several amendments. The amendments have made the … Continue reading Decoding Insolvency & Bankruptcy Code (IBC)…
The survey estimates that there are about 21 lakh rural households in India spread across nearly 6.4 lakh villages. This corresponds to total rural population of over 95 crore or an urbanization level of only about 30%. . As mentioned in part I, AH household have a better income level due to multiple sources of … Continue reading Understanding Rural Income Pattern.. (Part II)
The distressful condition of rural economy, often falling to vagaries of monsoon is nothing new to note. However, a consolation is that rural income has increased by nearly 40% over three years ending 2016. This is brought out by a report released by NABARD (National Bank For Agriculture & Rural Development) earlier this month. A look … Continue reading Understanding Rural Income Pattern.. (Part I)