The Finance Minister’s take on NPAs It seems the year 2013 will be marked as the golden year in the era for the non performing assets. During the recent quarterly review meeting with the banking officials, Finance Minister P Chidambram clearly mentioned his intention that Rich promoters of sick companies will not be tolerated any […]

Kingfisher Crisis – Is it the time to Shutdown Kingfisher is facing a tough time to help its debt ridden airlines fly high again, which was grounded after the government suspended the license. The Kingfisher Airlines, started by the King of good times and liquor baron, Dr. Vijay Mallya on the eve of the 18th […]

Financial Repression What does Financial Repression Mean? Financial Repression means the process through which Governments and Financial Institutions repress savers from receiving a reasonable return on their saving by artificially lowering the deposit rates. Financial Repression takes mainly through: a) The Governments and the Central Banks artificially lowering the interest rate by setting a very […]