But even when public information is available, they often don’t connect the dots, as independent analyst Hemindra Hazari points out in this example, where a company continued to service one lender’s loans even as it defaulted on all other banks.
The systemic erosion of public institutions indicates that Vinod Rai, a roaring tiger, has been reduced to a caged parrot, and the BBB’s expiry date is fast approaching. Perhaps the BCCI will turn out to be a more absorbing engagement than the nation’s public sector banks.
The raison d’etre of credit rating agencies (CRAs) is to anticipate events such as defaults before they occur. With access to companies’ privileged information,...
Does anyone remember why India opened up the insurance sector to private, including foreign, investment at the start of this century?
A quarter of a...
https://www.youtube.com/watch?v=5uCKFV_uH04
Indian economy faces twin problems of poor demand and high food inflation. The Budget needs to increase total expenditure/GDP and fiscal deficit to provide...
Podcast with The Core on Expected Slowdown in Bank Credit from 10:39
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DISCLOSURE
I, Hemindra Kishen Hazari, am a Securities and Exchange Board of India (SEBI)...