Month: September 2021

Good tidings of Bad Bank

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New institution was necessary to clean out excesses of the last business cycle Neelkanth Mishra, Sep 17, 2021, 19:44 IST. This appeared in the Times of India Print edition on Sep 18, 2021 (link) The clamour for a “bad bank” had started not long after the discovery of growing distress in large numbers of loans … Read more

Credit where it’s due

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Bank loans have lagged the economic recovery. Here’s why that’s about to change. September 2, 2021, 10:09 PM IST / Neelkanth Mishra in TOI Edit Page (link) Apr-June GDP estimates show that while real output in June 2021 was 9% lower than in June 2019, there is strong evidence of a sharp recovery in the … Read more

Signals through the fog

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Logistical disruptions are pushing apparent demand away from real demand, exacerbating the bull-whip effectNeelkanth MishraLast Updated at September 1, 2021 22:40 IST This appeared in the Business Standard on September 2, 2021 (link). Over the past eight months, freight rates have risen rapidly. While bulk freight rates have risen too (in particular for the smaller … Read more