Indian Economy & Business Analysis

Restriction of operations at Punjab & Maharashtra Cooperative (PMC) bank by RBI brings urban cooperative banks again into prominence and again, for a wrong reason. The governance issues cited by…

The interconnectedness of banking and financial sector is not widely understood or discussed yet a high risk issue. The rapid spread of contagion during financial crisis in 2008 was primarily…

India Inc is facing crisis of confidence with unraveling of cases of frauds committed by the top management in the recent past. The latest in the list is allegations of…

The collapse of IL&FS exactly a year ago continues to show its impact on the financial sector with skeletons falling off the board. The swift move by the government to…

Major news for the week are reasonable growth in IIP, declining automobile sales, reasonable bids received by IL&FS for its road assets and sale of stake by ADAG group company.…

The Bimal Jalan committee submitted the much anticipated report on determining RBI’s surplus reserves late last month. While the report did help RBI transfer some surplus to the government, there…

The deal between RIL and Saudi Aramco announced last week is part of several de-leveraging measures being undertaken by RIL and the biggest of all. For Aramco, it is an…

Major events for the week include weak performance of core industries, passage of labour code by the parliament, changes in RBI norms for ECB, a breather for Essel group and…

The week (including the last weekend) was quite eventful with release of some macro numbers and several developments on the corporate front. Among the major events are release of WPI…

Even though the market remains roiled by instances of default by NBFCs and their impact on other financial institutions, risk faced by the entire financial sector has actually come down.…