November 2019 – Tessellatum

State budgets: Less ‘crowding out’

January 1, 2021November 25, 2019 by thetessellatum

Collective borrowing by the Centre and states this year will likely be half of the financial savings of householdsNeelkanth Mishra | Last Updated at November 25, 2019 19:38 IST (This was published in the Business Standard: link) Given how important state government budgets are in the Indian economic framework, the Reserve Bank of India publishing … Read more

The logjam in rate transmission

January 1, 2021November 6, 2019 by thetessellatum

The gap between lending rates and RBI’s repo rate has reached levels only seen in crisesNeelkanth Mishra | Last Updated at November 6, 2019 00:24 IST (This was published in the Business Standard: link) Transmission of interest rates, or rather, the lack of it, is now in a crisis-like situation. The gap between the average … Read more