Madan Sabnavis

While there have been instances of connected lending to undeserving clients, this holds true even for PSBs and non-owner driven private b...Read More

It does look like there will be no more repo rate cuts this year

They don’t sign off on a positive note, as they highlight the fact that unions don’t want things to change, bankers are happy with the st...Read More

The option is to go in for some extraordinary spending, by expanding the fiscal deficit

Banking policies are biased heavily towards the borrowers, neglecting interests of savers

While it is tempting to think of post-harvest and festival season starting September to be probably the turning point in the economy wher...Read More

The 7-week lockdown to flatten the curve has been a conjecture at best. Equipped with a dwindling revenue to spend on relief, State gover...Read More

It would take at least 3-6 months for any semblance of normalcy to return

Given the importance of the financial sector in bringing about growth in the economy, the Budget has addressed some critical concerns tho...Read More

This number is however significant as it does show that besides agriculture, where the growth rate is almost the same as last year and th...Read More

Two years on, GST has not had the desired effect, yet

Speeches in Parliament are meant to be political in nature as they normally involve debates which address the opposition. Hence the FM’s ...Read More