Rs 2,000 Note Withdrawal – Tracking the Money Flow
The announcement of withdrawal of Rs 2,000 currency note from circulation has not caused panic like in case of 2016 demonetization for variety of reasons. From an academic perspective, it…
HDFC-HDFC Bank Merger – The Logic & The Gains
The merger of HDFC-HDFC bank, announced in April’22, has come into effect from 1st July’23. Below is the article analyzing the merger, as published on 5th April’22. The announced merger…
Insolvency & Bankruptcy Code (IBC) – Analyzing the Performance
Corporate insolvency resolution process gathered momentum in FY23 after several years of efforts to streamline it. For FY23, not only the total cases resolved rose significantly, the recovery rate also…
IDBI Bank Turnaround – A Brief Case Study
IDBI Bank has been in the news due to government’s plan to divest its holding. This follows bank’s revival after being under RBI’s PCA for an extended period of time.…
Banks’ NPA – Taking Stock
Much to the relief of RBI and the government, Banking sector’s Non-Performing Assets (NPA) has come down to seven years low for the year ended March’22. This is a huge…
Analyzing RBI’s Balance Sheet
RBI’s balance sheet for the year 2021-22 (FY22) has expanded by 8.4% as per its annual report released last week. While this is moderately higher than expansion of 7% in…
NBFC Sector – An Overview
NBFC sector was in the news recently because of merger of HDFC Ltd, an NBFC with HDFC Bank. The sector has been in focus subsequent to the default by IL&FS…
Monetary Policy Normalization – A Tough Balancing Act
Central banks across the world adopted ultra-loose monetary policy over last eighteen months to spur consumption and keep the engines of economy moving. As the economies come out of the…
The ‘Bad Bank’ – Understanding the Structure
National Asset Reconstruction Company Ltd (NARCL), or the ‘Bad Bank’, finally received license from RBI yesterday, a proposal floated during the last budget. The formation of government backed NARCL is…
Curious Case of Bond Market Movement!
Bond market has been moving up since the budget, much to the displeasure of RBI. Yield on 10-year government bond has crossed 6.2% from 5.9% just before the budget. Not…