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Nov 5, 2024 | 
the-ken.com | Ateesh Tankha |Ganga Narayan Rath |Abhijith S Warrier
On 17 October, the Reserve Bank of India (RBI) barred four non-banks—Navi Finserv, DMI Finance, Asirvad Micro Finance, and Arohan Financial Services—from sanctioning and disbursing new loans, citingThe Indian Express‘Excessive pricing’: RBI bars 4 NBFCs from giving loans the now proverbial catchall: “material supervisory concerns”. Normally, the banking regulator’s action wouldn’t have caused a flutter by itself.
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Oct 21, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha |Ganga Narayan Rath
Pull the plugAteesh TankhaThe writer is founder-CEO, ALSOWISE Content SolutionsGanga Narayan RathGanga Narayan Rath is former general manager, RBIThis may be the case with central bank digital currency (CBDC).
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Sep 26, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha
In digital payments , cyberfraud, systemic failure and tech obsolescence are taken for granted. Not so the merchant discount rate (MDR).
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Sep 21, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha
A few days ago, a man drowned in the Ganga . What was noteworthy was not the fact that unlike the more hapless victims sacrificed to the unfeeling river goddesses and gods each year, this quotidian event only made headlines because he was a senior bureaucrat . Instead, his death should bring to our attention how far the quality of money strains the value of life.Aditya Vardhan Singh, deputy director of UP health department , drowned because he was caught in the vice of a current.
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Sep 10, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha
There's a great deal of dissonance between hope and fulfilment. This is especially true when the gov sets a goal, and another set of constituents awaits its attainment. When a new highway is inaugurated, for example, there is no guarantee that it will be used.
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Aug 17, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha
After a recent trip to the US, I'm pleased to announce that jingoism is alive and kicking. This has nothing to do with the 147-word vocabulary-constrained logorrhoea of Donald Trump.
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Aug 8, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha |Ganga Narayan Rath
• Gold monetisation scheme This promised consumers interest in gold deposits and jewellers' loans against gold holdings. • Indian gold coin This was meant to reduce the acquisition of coins minted abroad. • Creation of SGB An alternative financial asset to physical gold, SGBs carried a fixed rate of interest and redeemable for cash, equivalent to the face value of the gold bond (denominated in grams of gold) at the time of redemption.
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Jul 17, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha
'Sic semper tyrannis' - 'Thus always to tyrants' - shouted John Wilkes Booth after fatally shooting Abraham Lincoln in Ford's Theatre in Washington DC on April 14, 1865. Despite committing a heinous crime, the assassin believed he had saved post-Civil War America from tyranny, something Brutus had unsuccessfully attempted to do for the Roman Republic some 19 centuries before.
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Jul 10, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha |Ganga Narayan Rath
Richard F Burton's magnificent English translation of the Arabic folktales collection, One Thousand and One Nights, commonly known as The Arabian Nights, has entertained generations since its original publication in 1888.
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Jul 10, 2024 | 
economictimes.indiatimes.com | Ateesh Tankha |Ganga Narayan Rath
• Faster transmission of rates with higher rates being extended to lower tenor fixed deposits in line with market fluctuations. • Pro-rated earnings without penalty in the case of early closure. Richard F Burton's magnificent English translation of the Arabic folktales collection, One Thousand and One Nights, commonly known as The Arabian Nights, has entertained generations since its original publication in 1888.
