India's Foreign Exchange Reserves
The questions addressed in this paper are: What are forex reserves? Why hold forex reserves and how did the policy evolve? What is the appropriate level of reserves? How does the current status appear...
View ArticleIMF: Concerns, Dilemmas and Issues
The main concerns relating to the IMF's policies are relatable to intrusive conditionalities without due regard to the needs of and impact on the borrowers, with expanding scope of surveillance applied...
View ArticleKrishna Raj: Tributes
Relationships Krishna Raj nurtured an abiding intellectual relationship between the EPW and the researchers at RBI without compromising the journalread more
View ArticleIndia's Financial Sector in Current Times
Following the global crisis, some fundamental factors have been identified as being critical to the efficiency and stability of the financial sector. Where does India stand in this respect? Some of...
View ArticleFinancial Sector Regulation in India
Financial sector reform has taken a new meaning all over the world. Until the global crisis, reform of the fi nancial sector meant deregulation. Today's truth is that, globally, reform of the fi...
View ArticleReflections on the Indian Economy
Indian Economy: Performance and Challenges (Essays in Honour of Montek Singh Ahluwalia) edited by Shankar Acharya and Rakesh Mohanread more
View ArticleRemembering Shashi Rajagopalan
Very early in her career, Shashi found her calling in the cooperative sector.read more
View ArticleA Response
Microfinance Industry in India: More Thoughts M S Sriram Microfinance institutions need not be treated as holy cows. They do not need any soft regulation. They should be treated on par with any...
View ArticlePerspective on the Financial Crisis
From Financial Crisis to Global Recovery by Padma Desai (New York, USA: Columbia University Press), 2011; pp XVI + 254, $27.50.read more
View ArticleA Visionary and Institution Builder
With the demise of R H Patil, I ndia has lost one of its most precious possessions in the world of finance. He was one of my most respected and trusted gurus. I learnt a lot from him of the theory,...
View ArticleSociety, Economic Policies and the Financial Sector
How can central banks ensure that the financial sector serves society better? How can financial sector policies be more closely integrated with national economic policies? How can it be ensured that fi...
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