Interest Rate Hikes Might Kill Sentiments

Interest Rate Hikes Might Kill Sentiments

Inflation means that money is losing its value or its purchasing power. So, another approach to counter inflation can be to ensure that there is even more money in people’s hands. Am I over-simplifying things or does the idea make any sense? I vaguely remember our...
Romance of Indian Bankers with ‘Collateral’ Security

Romance of Indian Bankers with ‘Collateral’ Security

“Heer Ranjha”, “Romeo Juliet”, and “Virat-Anushka”: these love stories are nothing when compared to the romantic affair of the Indian Bankers with “Collateral Security” these days. Conceptually, a “primary” security is the one that gets created out of the lender’s...
How Do I Deal With My Unreasonable Business Partner?

How Do I Deal With My Unreasonable Business Partner?

We, Indians are very calculated when it comes to spending money. We are brought up with concepts like ‘paisa vasool’ i.e. “value for money”. If we don’t get “chavanni me rupaiye ka fayda” (a rupee’s worth in a quarter), we almost feel ‘cheated’. Right? So, here I am...