RBI’s MPC member Jayanth Varma calls out mismatch in rate-setting panel’s words and actions
Long the lone dissenting voice in the committee, he warns against the repeated use of the bogey of inflation.
21 April, 2024•3 min
0
21 April, 2024•3 min
0
More in Business
Business
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Economy
What does the RBI’s new rule mean for corporate acquisitions?
Indian banks have been allowed to fund M&As, but the framework will matter as much as the opportunity.
