Category Archives: Regulations

Superman or not, Raghuram Rajan has indeed made a difference

by Puran Singh[1] and Nupur Pavan Bang[2]   This article was first published in the business section of www.rediff.com on October 28, 2013 http://www.rediff.com/business/special/special-superman-or-not-raghuram-rajan-has-indeed-made-a-difference/20131028.htm   “I am not a superman”, he says, but the reaction of markets to his initiatives … Continue reading

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Where angels fear to tread

by Kaushiki Sanyal[1]   This article was first published in the Times of India, The Crest edition on June 29th, 2013 http://www.timescrest.com/opinion/where-angels-fear-to-tread-10620 The government is rushing to allow foreign universities to set up campuses here without really debating the move … Continue reading

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Duvvuri Subbarao: Green Horn that Locked Horns

by Puran Singh[1] and Nupur Pavan Bang[2] This article was first published in the business section of www.rediff.com on September 11, 2013 http://www.rediff.com/business/slide-show/slide-show-1-special-duvvuri-subbarao-green-horn-that-locked-horns/20130911.htm “May you live in interesting times. I can hardly complain on that count. I had come into … Continue reading

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Punishing India’s love of gold will not yield result

by Puran Singh[1] and Nupur Pavan Bang[2]   This article was first published in the Financial Times, Beyond Brics, on September 10, 2013; http://blogs.ft.com/beyond-brics/2013/09/10/guest-post-punishing-indians-love-of-gold-will-not-yield-results/?#axzz2eZQyQtBv     “Getting married this year would be very costly for me. With gold prices at … Continue reading

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A case for lobbying in India

India needs to legitimize lobbying. But the scope and extent of lobbying needs to be defined carefully by law. Continue reading

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Islamic Banking: A Central Banker Looks Back

Ishrat Husain on Pakistan’s reforms, global banking risks and emerging-market prospects by Nupur Pavan Bang and Vikram Kuriyan The interview was first published by the Global Association for Risk Professionals on July 2, 2013 http://www.garp.org/risk-news-and-resources/2013/july/islamic-banking-a-central-banker-looks-back.aspx?altTemplate=PrintStory For six years starting in … Continue reading

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The Financial Sector Legislative Reforms Commission: Financial Liberalisation, Law and Market Architecture

The Financial Sector Legislative Reforms Commission[i] (“FSLRC”) submitted its report to the Ministry of Finance at the end of March.[ii] The report is significant both for its composition and mandate.  The FSLRC was chaired by renowned Supreme Court Justice, B.N. … Continue reading

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