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Tag: financial system

3 Results

  • Debt in distress

    Debt in distress

    Most big defaulters are well-connected tycoons and have the money to employ legal eagles who can play the judicial system ~it is here the law flounders. India has some of the most draconian laws in books; they are ineffective against powerful dodgers. We keep producing new laws when the existing ones are adequate and just need more teeth to obtain results.

    May 4, 2021
  • Decline in credit-deposit ratio in banks of Himachal

    Decline in credit-deposit ratio in banks of Himachal

    Subsequent decline in credit-deposit ratio of 44.60 per cent in Himachal Pradesh is a major concern for banking sector and there is a need to give attention to address this major issue in financial system. Principal Secretary (Rural Development) Onkar Sharma said this while presiding over 146th quarterly review meeting of state level Bankers Committee …

    December 17, 2017
  • The financial tsunami ahead

    The financial tsunami ahead

    The world is almost certain to witness a financial tsunami, warns financial analyst Ernst Wolff in his latest book, FinanzTsunami: Wie das globale Finanzsystem uns alle bedroht (Financial tsunami- How the global financial system threatens us all). Published in the third week of September in Germany, Wolff, in an interview to Sputnik International, has explained …

    October 23, 2017