The Indian experience with reform in the financial sector indicates that, inter alia, there are three important outcomes of such liberalisation. First, there is increased financial fragility, which...
Money
The surge in bank credit in the last couple of years has been an encouraging phenomenon in Indiaâ??s banking sector. This reflects as much the turnaround in the economy as the improved balance sheets...
such finance really efficient, it would be necessary for these financing agencies to improve their appraisal capabilities and methods. If their appraisal were really competent, Government would have...
IMF and International Liquidity THE primary component of international liquidity that a country possesses is its international reserves which are made up of gold holdings and foreign exchange assets...
November 8, 1969 ing the past two decades on the model of Digboi, are creating a cultural barrier between the people and the immigrant salariat bourgeoisie or commercial elements. In Namrup, at the...
August 9, 1969 to commit to political and constitutional fundamentals. These should be detailed with care so as not to offend the dignity of the Presidency. They should also honour the principles...
The Currency Cauldron THE international currency cauldron is on the boil again, this time because of the sudden departure of de Gaulle from the political scene. De Gaulle's own views on the currency...
December 14, 1968 If all banks are to go into these areas, how are their activities to be co-ordi- nated? Problems of co-ordination will become far more serious when multiple financing agencies rush...
Gnomes and the Titan DE GAULLE has said "non" again, this time to Germany and devaluation of the franc. International money markets, closed last week for varying periods and opened only this Monday...
The seasonal easy spell has continued in the interbank call money market. Last week, the representative call rate was maintained at 4 per cent as before, but an increasing number of transactions was...
