21 May 2017 The traditional banking system is undergoing a much-needed digital transformation with changing customer requirements, the need to include the ‘financially excluded’ segment and simultaneous competition from incubators. As an emerging market, the huge untapped financially excluded market in India has space for all—legacy players and incubators—to grow,…
Search Results For“industry”
The Corporate Stress Facet of India’s Twin Balance Sheet Problem
15 May 2017 India’s economic growth remains resilient, with official projections of FY17 Gross Value Added (GVA) growth at 6.9 per cent, and RBI forecasting an uptick in FY18 growth to 7.4 per cent. The pressing issue now is to sustainably accelerate India’s growth up to 8 per cent and…
Demonetization: A Bold Economic Reform
27 Apr 2017 An unexpected currency swap drive was launched on 8 November last year, as a part of which all 500 and 1000 rupee notes were demonetized as legal tender and were to be exchanged for new tender in 500 and 2000 rupee denominations. This move, which removed 86%…
Challenges to growth
25 Apr 2017 While the GDP growth rate remains encouraging, the Indian economy suffers from declining investment, slow industrial growth, overcapacity and rising bank non-performing assets (NPAs). NPAs – Bank NPAs at 9.3% with public sector banks at 11% is a matter of high concern. NPAs are close to Rs…
Global economic developments
25 Apr 2017 After a long period of uncertain global economic trends, there are some signs that economic activity is stabilizing and rebounding, led by emerging economies. While the IMF expects advanced economies to expand by 2 per cent in 2017 and 2018, the projection for emerging economies is far…
Inclusive Growth through Greater Collaboration
11 Apr 2017 CII and OECD: Inclusive Growth through Greater Collaboration In a globalized world where there is increasing interdependence among nation’s economic policies and multiple spill-over effects, the role of multilateral organizations like the Organisation for Economic Co-operation and Development (OECD) and the global governance they support is…
Inclusive Growth through Greater Collaboration
11 Apr 2017 CII and OECD: Inclusive Growth through Greater Collaboration In a globalized world where there is increasing interdependence among nation’s economic policies and multiple spill-over effects, the role of multilateral organizations like the Organisation for Economic Co-operation and Development (OECD) and the global governance they support is…
Accelerating the Growth of Start-ups Through a Business-friendly Economy
03 Apr 2017 Gone are the days when starting one’s own business was seen as a path to self-inflicted failure or so to say ’suicidal’. From being a business-skeptic society towards becoming a start-up driven economy, India has come a long way in terms of a paradigm shift in its…
India @ G20 : A Primer on Priorities
10 Mar 2017 Economic growth, industrialization, infrastructure and access to energy provide the foundations of development for any growing economy. Germany assumed the G20 Presidency on 1 December 2016. On 7 and 8 July 2017, the eyes of the world will turn to the G20 Summit in Hamburg, where the…
A four-point agenda to fast-track growth
24 Jan 2017 India’s GDP (gross domestic product) is expected to grow at 7.1 per cent in 2016-17, according to latest data released by the government. Although the demonetisation exercise has led to some moderation from 7.6 per cent growth achieved in 2015-16, the impact will not be long lasting.…