Central banks policy response to protect depression risks: RBI governor
Policy response from the central bank should be seen as an insurance against the protracted depression risk, however there is no real way of judging whether the central banks are over-insuring or underinsuring, said Dr Duvvuri Subbarao, governor, Reserve Bank of India (RBI).

“If indeed the world has over-insured, then there is a risk that all this liquidity has the potential to...

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Flow of Money

State Street, a US financial services firm, said flows into US equities were close to the highest they have been in 12 years. State Street’s information counts a lot because it is in the vantage position of being able to track the buying and selling of institutional investors, since it holds $12 trillion in assets as a custodian. Monthly flows into US stocks were in the 98th percentile,...

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A Fairy-tale Career Goes Off-Axis

By leaving succession planning till the last moment and quitting abruptly, did Dr PJ Nayak let down his beloved Axis Bank and his colleagues?

Almost everybody who has ever interacted with Dr PJ Nayak will profess enormous respect for him, vouch for his uncompromising integrity and admire his professionalism and business acumen. He was an extremely well-regarded IAS officer and, later, an...

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