Good tidings of Bad Bank

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

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