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Showing posts from 2012

The Hindu : Opinion / Open Page : Why safety takes a back seat?

The Hindu : Opinion / Open Page : Why safety takes a back seat? Read the interesting article and concerns expressed in online comments including mine

Three changes that can make the National Pension System more attractive - Moneylife

Three changes that can make the National Pension System more attractive - Moneylife Not just three changes. NPS needs an overhaul if it has to serve the professed purpose.

Business Line : Opinion : A time for reforms, once again

Business Line : Opinion : A time for reforms, once again These thoughts on reforms need to be taken forward. You may have different views. But the subject needs contemplation!

Business Line : Opinion : Public sector banks, consolidate now

Business Line : Opinion : Public sector banks, consolidate now A well argued article Also read online comments including mine

M G Warrier's My Page December 2012

M G Warrier’s My Page Wishes its readers a happy, healthy, peaceful 2013 A monthly bulletin from M G Warrier incorporating select published letters/articles (and some stray thoughts based on what he read/saw and wrote during the month). Mailed during the first week of every month. Please send your responses and views to mgwarrier@rediffmail.com Vol II, No 12, December 2012 M G Warrier, MLR-116-B, Mangalam Lane, SASTAMANGALAM-695010 (9349319479) Dear Reader Since September 2012, My Page is being posted on Warrier’s Blog at mgwarrier.blogspot.com Links to articles and important comments are posted at the blog as and when they are published. Those esteemed readers who have difficulty in accessing blog can contact mgwarrier@rediffmail.com (Exrbites members can access Warrier’s Blog by clicking at "Visit Your Group" in the bottom most line of any group mail and then at "Links". You can also Google search "M G Warrier" to reach

The new normal is abnormal- A Seshan

#.UM8yXceRbL4.blogger#.UM8yXceRbL4.blogger#.UM8yXceRbL4.blogger The article helps one to understand the different perceptions about inflation

Taming Inflation - Moneylife

Taming Inflation - Moneylife Please read and respond.

Property Prices - Moneylife

Property Prices - Moneylife An interesting article Also read online comments

The Hindu : Business / Industry : Growth: Lost between RBI and North Block

The Hindu : Business / Industry : Growth: Lost between RBI and North Block Here is another view on the goings on between FM and regulators. Also read my comments.

VITALINFO: Super regulator

VITALINFO: Super regulator : ..... Instances of the finance ministry’s attempt to act as a super regulator over all regulatory bodies in the financial sector are becom...

New rules to rein in money chains- Biju Govind

#.UMvZMuEnV9c.blogger#.UMvZMuEnV9c.blogger A good beginning!

Financial inclusion-Surmounting the insurmountable-M G Warrier

Global Analyst, December 2012 Banking Special Financial Inclusion Surmounting the Insurmountable M G Warrier Former General Manager Reserve Bank of India For historic reasons, in India, the responsibility to purvey social justice is shared between government and banks. Perhaps these are the only two institutions which get to the grassroots. The outreach of the government is limited to tax collection and law-enforcement in several geographical areas and segments of population. Banks’ reach out to more people as part of resources mobilization efforts and as purveyor of timely and need-based credit. These are sweeping statements. Though this article will be brief and will not attempt the adventure, a deeper study will tell us that a revisit to Kautilya’s Arthasastra is overdue for those in charge of governance, to understand the rights and responsibilities of an administrator of governance. Similarly, banks should introspect how much has changed in the banking business, beyond

Financial inclusion-Article by M G Warrier

Global Analyst, December 2012 Banking Special Financial Inclusion Surmounting the Insurmountable M G Warrier Former General Manager Reserve Bank of India For historic reasons, in India, the responsibility to purvey social justice is shared between government and banks. Perhaps these are the only two institutions which get to the grassroots. The outreach of the government is limited to tax collection and law-enforcement in several geographical areas and segments of population. Banks’ reach out to more people as part of resources mobilization efforts and as purveyor of timely and need-based credit. These are sweeping statements. Though this article will be brief and will not attempt the adventure, a deeper study will tell us that a revisit to Kautilya’s Arthasastra is overdue for those in charge of governance, to understand the rights and responsibilities of an administrator of governance. Similarly, banks should introspect how much has changed in the banking business, beyond

Business Line : News : Law of the land should have sanctity: Ratan Tata

Business Line : News : Law of the land should have sanctity: Ratan Tata Also read online comments including mine

UPA Government wins FDI vote in Rajya Sabha too - Moneylife

UPA Government wins FDI vote in Rajya Sabha too - Moneylife Let us also listen to Ratan Tata Please see my comments

Aam Admi Party: Dilemma of accepting current political practices? - Moneylife

Aam Admi Party: Dilemma of accepting current political practices? - Moneylife Also read comments

FDI in retail: Opposition motion defeated in Lok Sabha - Moneylife

FDI in retail: Opposition motion defeated in Lok Sabha - Moneylife See my comments for a different view on coalition politics

Business Manager-HR Magazine: Article on HR in Banks

Article published in Business Manager, December 2012 under Cover feature. Others who contributed articles to the cover feature were Dr Anil Khandelwal, Dr K C Chakrabarty (excerpts from the inaugural address at HR conference of public sector banks at Mumbai on 1.6.12) and Dr deepti Bhargava HRM in Banks Talent deficit is the product of deliberate neglect of HR issues The absence of talent in banks today is the product of a deliberate neglect of HR related issues. The ageing top level, problems in succession plans at various levels caused by, among other things a ‘recruitment holiday’, since circa 1991, during which period ‘outsourcing’ and adhocism forced distorted priorities in recruitment and skill development are all grave issues affecting the functioning of banks. M G WARRIER (Former General Manager, Reserve Bank of India) The need of the hour is a thorough overhaul of HR policy and practices in banks, from Board Room to front desk. The casual appr

The Hindu : Today's Paper / OPINION : Poverty amid prosperity

The Hindu : Today's Paper / OPINION : Poverty amid prosperity An article with specific reference to Gujarat

Business Line : Columns / Ashoak Upadhyay : FM’s pushing too hard

Business Line : Columns / Ashoak Upadhyay : FM’s pushing too hard An excellent article Please read the online comments also

Why do ministries interfere with the functioning of statutory bodies? - Moneylife

Why do ministries interfere with the functioning of statutory bodies? - Moneylife Please read and give your views on this article. M G Warrier

The Hindu : Opinion / Editorial : Daddy, can I have a bank?

The Hindu : Opinion / Editorial : Daddy, can I have a bank? Read the editorial and online comments including mine m G Warrier

RBI amendments in FEMA may spell more trouble for UPA - Moneylife

RBI amendments in FEMA may spell more trouble for UPA - Moneylife Also read my comments

The Hindu : Columns / C.R.L. Narasimhan : Where caution is welcome

The Hindu : Columns / C.R.L. Narasimhan : Where caution is welcome New bank licences issue is just one example of finance ministry's pressure tactics to subserve external interests. RBI has past and present experiences which makes the central bank cautious. See comments also.

The Hindu : Opinion / Op-Ed : R.P. Singh’s doublespeak on CAG’s 2G report

The Hindu : Opinion / Op-Ed : R.P. Singh’s doublespeak on CAG’s 2G report Political establishment survive on controversies It buys any argument which will help them jump from one controversy to another

Kejriwal's political outfit named Aam Admi Party - Moneylife

Kejriwal's political outfit named Aam Admi Party - Moneylife AAP HI KOUN? See comments

Business Line : Industry & Economy / Banking : RBI considering four alternatives to gold#.ULKlKW7RTrQ.blogger#.ULKlKW7RTrQ.blogger

Business Line : Industry & Economy / Banking : RBI considering four alternatives to gold#.ULKlKW7RTrQ.blogger#.ULKlKW7RTrQ.blogger Comforting to see that some suggestions made during the last few years are being 'considered' Read my article 'Gold management needs a makeover'(Published in Hindu Business Line on April 13, 2012) posted on this blog or from the internet direct by google search for the article. M G Warrier

The Hindu : Opinion / Open Page : A question of rights and wrongs

The Hindu : Opinion / Open Page : A question of rights and wrongs

The Hindu : Opinion / Op-Ed : The government is on the wrong wavelength

The Hindu : Opinion / Op-Ed : The government is on the wrong wavelength GOI will reach nowhere by chasing CAG Better find out what is wrong with the governance

It is another first for Kerala

#.UK64SXi0R0g.blogger#.UK64SXi0R0g.blogger#.UK64SXi0R0g.blogger

#.UK64SXi0R0g.blogger#.UK64SXi0R0g.blogger#.UK64SXi0R0g.blogger

#.UK64SXi0R0g.blogger#.UK64SXi0R0g.blogger#.UK64SXi0R0g.blogger Financial inclusion makes headway in a state with 100 per cent literacy

VITALINFO: Succession plans

VITALINFO: Succession plans : This refers to the report “Gokarn to continue as RBI Deputy Governor till December 31”. When will we learn to implement succession plans ...

VITALINFO: Make RBI whim-free

VITALINFO: Make RBI whim-free : ...... Statutory bodies should not be made subservient to the whims of ministry officials. RBI has faced problems on issues relating to ba...

Business Line : Opinion / Letters : Succession plans

Business Line : Opinion / Letters : Succession plans RBI Deputy Governor deserves a better treatment from GOI

The Hindu : Opinion / Op-Ed : Why I can’t pay tribute to Thackeray

The Hindu : Opinion / Op-Ed : Why I can’t pay tribute to Thackeray

Business Line : Industry & Economy / Banking : Gokarn to continue as RBI Deputy Governor till December 31#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger

Business Line : Industry & Economy / Banking : Gokarn to continue as RBI Deputy Governor till December 31#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger#.UK1eCVStP0o.blogger

Business Line : Today's Paper News : To pump up savings, FinMin wants banks to offer ‘gold plan’#.UKrIgD9K8R8.blogger#.UKrIgD9K8R8.blogger

Business Line : Today's Paper News : To pump up savings, FinMin wants banks to offer ‘gold plan’#.UKrIgD9K8R8.blogger#.UKrIgD9K8R8.blogger Read the recent RBI/GOI initiatives to manage gold in the backdrop of RBI Monetary Policy announcement (April 2012) and my article 'Gold management needs a makeover'(Business Line, April 13, 2012)

Business Line : Opinion / Editorial : In reverse order

Business Line : Opinion / Editorial : In reverse order A balanced view. Also read comments

How much of Indian Constitution is for “We, the people”? - Moneylife

How much of Indian Constitution is for “We, the people”? - Moneylife An attempt to read Indian Constitution in the present context

The Hindu : Opinion / Open Page : Have we accepted corruption in public life?

The Hindu : Opinion / Open Page : Have we accepted corruption in public life? Pushing my concept of India-specific Corruption Index! See comments.

#.UKbhlcWnomc.blogger#.UKbhlcWnomc.blogger#.UKbhlcWnomc.blogger

#.UKbhlcWnomc.blogger#.UKbhlcWnomc.blogger#.UKbhlcWnomc.blogger HBL Editorial: In reverse order Gives reasons why RBI is insisting on additional powers before allowing new banks in private sector

Poor human resource management practices in Indian public sector could lead to a serious setback - Moneylife

Poor human resource management practices in Indian public sector could lead to a serious setback - Moneylife My article published in July 2012

RBI will not give banking licences without legal backing: Subbarao - Moneylife

RBI will not give banking licences without legal backing: Subbarao - Moneylife RBI has become cautious after bitter experience in the past!

RBI asked to finalise new bank licence guidelines: FM - Moneylife

RBI asked to finalise new bank licence guidelines: FM - Moneylife There is no emergent situation warranting skipping of legislative process See comments to know why RBI is insisting on amendment of B R Act

The Hindu : Opinion / Editorial : Controlling the auditor

The Hindu : Opinion / Editorial : Controlling the auditor Powers that be may not listen. But here is an interesting editorial view and some more interesting comments.

QNet, the MLM is back in India for fooling, duping more people - Moneylife

QNet, the MLM is back in India for fooling, duping more people - Moneylife

Business Line : Columns / S Murlidharan : Multi-member CAG is not a good idea

Business Line : Columns / S Murlidharan : Multi-member CAG is not a good idea Also read comments. The games a weak coaition play to silence dissent

The Hindu : NATIONAL / KERALA : Amway: accused in judicial custody

The Hindu : NATIONAL / KERALA : Amway: accused in judicial custody

How to avoid 'get-rich-quick' schemes and scams - Moneylife

How to avoid 'get-rich-quick' schemes and scams - Moneylife Moneylife Team has informed me that this article first appeared in Moneylife.in in May 2011. Possibly, Dignity Dialogue reprinted it in November 2011.

Multi-Level Marketing: Some action in the offing? - Moneylife

Multi-Level Marketing: Some action in the offing? - Moneylife There is need to create more awareness among people

Business Line : Columns / K Kanagasabapathy : Redefine priority sector lending

Business Line : Columns / K Kanagasabapathy : Redefine priority sector lending So far changes were just cosmetic. There is need for comprehensive review considering changes in financial sector during the last 2 decades. See comments also

Decimating RBI

Details Interesting views

Here is proof that the Congress is lying about the 700 Indian accounts of HSBC - Moneylife

Here is proof that the Congress is lying about the 700 Indian accounts of HSBC - Moneylife Without comment. Posted for information.

Protect the regulators: It is in the nation’s interest - Moneylife

Protect the regulators: It is in the nation’s interest - Moneylife This is my third article at Moneylife.in on financial sector. The earlier ones were on Banking Sector Reforms and Monetary Policy(October 29, 2012)

Business Line : Opinion / Letters : Hedging habit#comments

Business Line : Opinion / Letters : Hedging habit#comments This letter was erroneously published in my name by HBL C my online comment

Business Line : Opinion / Columns : RBI stamps its autonomy

Business Line : Opinion / Columns : RBI stamps its autonomy A balanced view on the current friction between Finance Ministry and RBI Also read my online comments

#.UJSbINAdpQk.blogger#.UJSbINAdpQk.blogger

#.UJSbINAdpQk.blogger#.UJSbINAdpQk.blogger Inflation projections: RBI has been almost accurate

Monetary Policy SSTarapore in FPJ

Details

The Hindu : Columns / C.R.L. Narasimhan : Growth, a common concern

The Hindu : Columns / C.R.L. Narasimhan : Growth, a common concern Balanced views on recent Monetary Policy announcement by RBI

M G Warrier's My Page, November, 2012

M G Warrier’s My Page A monthly bulletin from M G Warrier incorporating select published letters/articles (and some stray thoughts based on what he read/saw and wrote during the month). Mailed during the first week of every month. Please send your responses and views to mgwarrier@rediffmail.com Vol II, No 11, November 2012 M G Warrier, 2005/1-D, DREAMS, Bhandup(West), Mumbai-400078 (9349319479) Dear Reader Since September 2012, My Page is being posted on Warrier’s Blog accessible at mgwarrier.blogspot.com Links to articles and important comments are posted at the blog as and when they are published. Those esteemed readers who have difficulty in accessing blog can contact mgwarrier@rediffmail.com (Exrbites members can access Warrier’s Blog by clicking at "Visit Your Group" in the bottom most line of any group mail and then at "Links". All others can cut and paste the link in their browser. You can also Google search "M G Warrier