More money’s on its way!

Neelkanth Mishra | Sep 16, 2024, 11:40:00 PM IST This appeared in the Economic Times on 17 September 2024 (link). The economy has slowed over the past few months. Sales growth has decelerated for both consumption items like cars, and for proxies of investment like cement. This was visible in the June quarter GDP report, … Read more

Capital rush shows plumbing problems

The ratio of bank loans to GDP, a measure of banking penetration, is among the lowest in the worldNeelkanth Mishra | Last Updated at March 6, 2017 22:50 IST (This was published in the Business Standard: link) Growth in bank loans is at a 50-year low when financial savings are rising: As a percentage of … Read more