-The Hindu Our macroeconomic problems have created financial sector crisis periodically, says the former Reserve Bank of India Governor. In his first interaction with a journalist after stepping down from the Reserve Bank of India (RBI), former Governor Urjit Patel spoke about his new book, Overdraft: Saving The Indian Saver, with Puja Mehra in a conversation on invitation from the Pune International Centre. Edited Excerpts. * What made you decide to write this...

-Scroll.in The author of ‘Bad Money: Inside the NPA Mess and How It Threatens the Banking System’ speaks about Atmanirbhar Bharat and what the media gets wrong. Vivek Kaul is the author of the Easy Money trilogy of books on the history of banking and money and, most recently, of Bad Money: Inside the NPA Mess and How it Threatens the Banking System. In lucid prose, Kaul draws out the history of...

-TheWire.in India’s economic package for MSMEs is far reaching and reformatory. But does the rubber meet the road, as they say? Politics does not oblige its players to adhere to the truth. But two things are a big no-no and better avoided. The first is trying to meet multiple objectives with one instrument or decision and the second is Tom Sawyer-ing. Mark Twain’s character had a knack of getting other people to see...

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

-The Indian Express The extended lockdown across the manufacturing and services sectors, the resultant job losses along with the wave of salary cuts are projected to start impacting the repayment capacity of retail borrowers. Mumbai/ New Delhi: The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has been flagged as a growing concern by bankers at a...