Tag Archives: India

RBI’s Demonetisation Cross

CThe sequence of events leading to the demonetisation move are becoming more convoluted as more information is revealed. At this point, it is starting to resemble a comedy of errors at best and an insidious plot at worst. We attempt … Continue reading

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Calling for a Head

We will state our baseline assumption first; the “implementation” of the demonetization exercise, though admittedly an historically unprecedented exercise in its scale and timelines, could still have been far better. We will not get into whether the exercise was justified … Continue reading

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Unemployment as a Societal Problem

East Asia went through an economic miracle between 1960 and 1990, with income per capita nearly tripling. The four Asian Tigers, including Hong Kong, Singapore, Taiwan and South Korea, achieved impressive growth rates of more than 7% for more than … Continue reading

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Game Theory of Traffic

For those of you who have ever argued with me, you would know how I ascribe the traffic conditions on Indian roads to low IQ. That obviously is hyperbole but, this is my attempt to coherently put down my thoughts … Continue reading

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Payment Banks – A mobile wallet is a depreciating currency

It comes as no surprise that after Cholamandalam, Dilip Sanghvi along with IDFC Bank and Telenor Financial Services have decided to give up their interest to start a payment bank. The entities that were granted an in-principle approval for starting … Continue reading

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Designed to Fail – Payments Banks

This was written about 6 months ago but it became appropriate to bring it out from the cold storage given recent events. Updated a bit… After Cholamandalam, Dilip Sanghvi along with IDFC Bank and Telenor Financial Services have decided to … Continue reading

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Peer to Peer Lending in India

In response to the financial crisis, banks improved their credit standards and one of the silver linings of the crisis has been an increase in financial creativity in how people raise money. Its not very clear if this is temporary … Continue reading

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