Page 3 - T T Ram Mohan

Now is not the time for stimulus

Next fiscal package must await fall in inflation

Technocrats versus politicians

In a democracy, monetary policy cannot be entirely left to technocrats any more than war can be left to generals

Bank recapitalisation is a must

We need to be clear about what 'recovery' means

Calibrating exit and stimulus is our best bet

There is a view that an extension is not warranted. It suffices to lock down areas with incidence of coronavirus

There's no emerging market debt threat

It's good to be warned and to be prudent in managing debt. But are EMDEs really going on a debt binge that could hurt the global economy?

IL&FS was a Lehman-like moment

Now that the consequences of the collapse of IL&FS are before us, the question worth asking is: Was the decision to let IL&FS fail a policy blunder as the Lehman decision was?

Fix credit growth to fix the slowdown

The Indian banking crisis has merely meant a lower level of GDP growth than before the onset of the crisis

How serious is the NBFC crisis?

It would take steps required to ensure that developments in the sector did not impact financial stability

SBI makes a smart move

SBI has linked its rate on saving bank deposits and its rates for cash credit and overdraft to the repo rate

RBI's rate cut won't mean lower lending rates

RBI expects India's growth rate to rise from 7.2% in 2018-19 to 7.4% in 2019-20

Banking: Where do we go from here?

The gross non-performing assets (NPAs) ratio of scheduled commercial banks has declined from 11.5% in March 2018 to 10.8% in September 2018

RBI's revised framework for resolution of stressed assets will crimp growth

The RBI is administering strong medicine to rid the banking system of the non-performing assets (NPAs) problem at one go

Raghuram Rajan in the limelight again

Raghuram Rajan's views on reform of governance at PSBs are rather more debatable

TT Ram Mohan: Lean times for pundits

Demonetisation is not the only instance in recent times of the pundits having got things wrong

TT Ram Mohan: Much ado about RBI autonomy

Resentment of RBI's stature runs deep in the political class and the bureaucracy

T T Ram Mohan: Mr Modi's big gamble

Way back in 1969, Indira Gandhi decided to nationalise private banks

TT Ram Mohan: Trump and tragedy? Not quite

Trump plans to cut both personal and business taxes and steeply increase infrastructure spending and that's exactly what the doctors have recommended

Modi's 'surgical strike' won't make a big difference to black money

Demonetisation is a good initiative but it cannot be expected to make a big difference to black money in the Indian economy