Mumbai: Shaktikanta Das is no Alan Greenspan. In 2002, the legendary former Fed chair said: “It was very difficult to definitively identify a bubble until after the fact – that is, when its bursting confirmed its existence.’’ Come 2021, this is what the Reserve Bank of India (RBI) Governor Shaktikanta Das had to say: “The … Read more
By Bekxy Kuriakose The credit crisis which engulfed debt funds over the past two years, starting with ILFS Group default, has been exacerbated by the black swan event of COVID-related lockdown in several parts of the country over past few months. As a debt mutual fund investor how should you pick and choose funds in … Read more
Ghosh, who has been heading Bandhan since its days as a microlender, termed the bank’s biggest setbacks — regulatory wrath for high promoter ownership and also the exposure to failed infra lender IL&FS – as “learnings”. Having stabilised the ship after some reverses on its flagship micro loans due to demonetisation and the humbling experience … Read more