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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
Posted in Macro Economy, Regulations
Tagged Central Bank, CFI, Governor, ISB, Raghuram Rajan, RBI
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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
Posted in Macro Economy, Regulations
Tagged CFI, Foreign Education Bill, ISB, Kaushiki
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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
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
Posted in Interview, Regulations, Risk Management
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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