The RBI way of firefighting

Often, it's a long investigation process, but the regulator doesn't discuss this openly since that can threaten financial sector stability. There are no teasers

Are the shadows lengthening on India’s shadow banking industry? The hard fact is that the regulator has changed the way it approached supervision in the past. Having seen two large houses gutted, it is focusing on regular drills to prevent a fire from breaking out

Ahead of Holi, the festival of colours, I visited a banker friend for lunch over the weekend. He lives in a modern housing society in Mumbai. A majority of its residents are finance professionals – commercial and investment bankers, treasury managers, senior executives of insurance firms and mutual funds.

Quite a few of them were invited to