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Erosion in RBI's Capital and Reserves

http://allbankingsolutions. com/Articles/Articles-RBI- Capital-and-Reserves.html RBI’s Capital and Reserves: 2015 article by M G Warrier This article was published in 2015. RBI's reserves have come further down to 7.6 percent of total assets this year (2016-17) from the peak of 11.9 of 2009 and the level of 8.4 percent of 2015. M G Warrier

Naanee Kahaneewala: WhatsApp Story Teller

http://googleweblight.com/i?u= http://www.thehindu.com/books/ the-storyteller-with-6000- grandchildren/article19523859. ece&hl=en-IN A WhatsApp story teller with a difference  is making news! M G Warrier

Radha Krishna: By Keshav

http://kamadenu.blogspot.com/ 2017/08/blog-post_31.html Radha Krishna: Water colour painting by Keshav (August 31, 2017) Enjoy the Day M G Warrier

RBI Annual Report 2016-17: Demonetization and after

  http://wap.business-standard. com/article/economy-policy/5- things-that-the-annual-report- numbers-indicate-117083100065_ 1.html?utm_source=campaign_pn& utm_medium=push_notification& utm_campaign=browser_push&utm_ content=&utm_term= RBI Annual Report 2016-17   RBI Annual Report 2016-17 is most likely to be sunk in the Demonetization debris. Going by the format and content, in recent years, RBI Annual Report has evolved into a comprehensive document which reviews the organization's performance during the year making a realistic assessment, gives details of department-wise assignments on hand and future plans, making it a unique one among annual reports brought out by other organizations in public and private sectors. Viewed in this context, Team RBI deserves to be congratulated for bringing out a comprehensive, informative Annual Report maintaining the tradition of RBI. It's unfortunate that media and analysts prefer to dump such documents in the prep

Cooperative Banks: Time for revamp

http://www.moneylife.in/article/cooperative-banks-outright-loot/51463.html Posted online comments M G Warrier

Mumbai rains: Mumbai deserves Cleaner Gutters

Mumbai rains: Unprepared City While Mumbaikars' traditional 'capacity' to take any calamity will once again appreciated and applauded by the media and the BMC, the city's refusal to remain vigilant and prepared for the "Rainy Day" need to be taken cognizance of. Would like to recall my published article "Mumbai deserves Cleaner Gutters" *posted here on November 19, 2016. M G Warrier *Satya Kiran Times, November 1-15, 2016. You can access the Blog post by Google search for "Mumbai deserves Cleaner Gutters/www.warriersblog.com" also.

Beacons of hope

Beacons of hope : In the liberalised world of today, everything has a market-based, indexed price... Beacons of hope With reference to R C Mody’s letter, “Guidelines of wise men” (August 29), it is comforting to see that there are several veteran former bankers, who lived in an era during which corruption was not an essential ingredient of politics and business; institutions such as the Reserve Bank of India, the Supreme Court,  Election Commission  and the government existed separately and with people at the helm, who were aware of the contours of their responsibilities, even if some of them could not get things done in the manner they would have wanted to. Mody is one among them and reading his letter, I feel proud about his willingness to share his memories. In the liberalised world of today, everything has a market-based, indexed price. Still, people like Mody keep the beacon of hope alive. M G Warrier, Mumbai

N R Narayanamurty's call to Infosys investors

http://wap.business-standard.com/article/companies/full-text-of-co-founder-narayana-murthy-s-call-with-infosys-investors-117082901105_1.html?utm_source=campaign_pn&utm_medium=push_notification&utm_campaign=browser_push&utm_content=&utm_term= N R Narayanamurty's call with Infosys investors Posted here for information M G Warrier

Guidelines of wise men

Guidelines of wise men : The RBI had laid down comprehensive norms and guidelines to banks in 1975... RBI’s counsel This refers to R C Mody’s letter “Guidelines of wise men” (Business Standard, August 29). It is comforting to see that there are several veteran Ex-bankers who lived in an era during which corruption was not an essential ingredient of politics and business and institutions like RBI, Supreme Court, Election Commission and GOI existed separately and with people at the helm who were aware of the contours of their role and responsibilities, even if some of them could not get things done in the manner they would have loved to have them done. R C Mody is one among them and reading his response, one feels proud about his willingness to share his memories at an appropriate time. Post-LPG (read post-1990), there's a blurring of boundaries in roles and responsibilities and responsible people who head organizations in both Public Sector (all governments included) a

Demonetisation and Reserve Bank of India

http://www.thehindu.com/opinion/op-ed/diary-of-an-unusual-year/article19576668.ece  Diary of an unusual year: Business Line Demonetization and RBI Puja Mehra’s brief article with focus on RBI governor Urjit Patel (Business Line, “Diary of an unusual year”, August 29) gives us an opportunity to discuss once again the mysteries surrounding demonetization announced by Prime Minister Modi on November 8, 2016. That can wait release of RBI Annual Report 2016-17.  As the measures taken by GOI and RBI post-demonetization have been widely debated in the media, for now, let us restrict this discussion to certain misunderstandings that may still remain after one goes through the article. Economic Survey 2016-17 carried some misleading observations like the following: “Last year’s  Economic Survey had raised the issue of the government’s  excess  capital  in the RBI. That issue could  become even more salient this year because of demonetization…If  there is a demonetisation windfal

Chinese version of the Valentine's Day

https://www.google.co.in/amp/ www.thehindu.com/life-and- style/something-for-the- single-dogs-in-china/ article19571179.ece/amp/# ampshare=http://www.thehindu. com/life-and-style/something- for-the-single-dogs-in-china/ article19571179.ece Chinese version of Valentines Day:  August 28, 2017 M G Warrier Source: The Hindu

Violence will not be tolerated: Prime Minister

http://m.thehindubusinessline.com/news/national/violence-in-the-name-of-faith-will-not-be-tolerated-modi/article9832232.ece The message needs to be followed up with transparent and convincing action M G Warrier

Theories about post-demonetization position of SBNs

http://timesofindia.indiatimes.com/business/india-business/post-demonetisation-99-of-rs-1000-notes-back-with-rbi/articleshow/60239637.cms Expecting a clearer picture in RBI's Annual Report 2016-17 M G Warrier

Enjoy the rains, with JUHI SAKLANI: The Hindu Magazine

https://www.google.co.in/amp/ www.thehindu.com/society/ every-silver-lining-has-a- cloud/article19554527.ece/amp/ #ampshare=http://www.thehindu. com/society/every-silver- lining-has-a-cloud/ article19554527.ece Enjoy the rains. Start reading from anywhere... this article will make sense...If it doesn't, open this mail again some other time...Preferably, when it rains... M G Warrier

HAL takes off

Arun Jaitley inaugurates manufacture of light combat helicopter at HAL : Also, launches upgrade of Hawk jet trainers into combat aircraft... HAL takes off This refers to Ajay  Shukla’s report “HAL’s production of light combat helicopter takes off” (Business Standard, August  27). Recently, Hindustan Aeronautics Limited (HAL) had signed a memorandum of  understanding (MoU) for 2017-18 with the Ministry of Defence. The annual MoU  outlined targets on various performance parameters of HAL during 2017-18,  inter  alia targeting a revenue from  operations at Rs 17,900 crore, the highest ever annual revenue target for HAL. The HAL initiatives now reported align well with PM’s focus on ‘Make in India’ and increasing indigenization of defence production gradually. In defence production and several other areas which will not give quick commercial profits, in India, public sector will have to play a major role for several more years. This was well understood during Nehru’s days, but th

Vivisecting insensitivity: Sumit Paul

http://www.thehindu.com/opinion/open-page/vivisecting-insensitivity/article19566633.ece An excellent article on sensitivity. Please read and share with people you care, or who care about you! M G Warrier

Kaaliyamarddanam: Krishna's dance on Kaaliya

http://www.thehindu.com/society/faith/krishna-dances-on-kaliya/article19562214.ece Kaaliyamarddanam: Krishna's dance on Kaaliya M G Warrier Link source: The Hindu, Faith column

Parting pains: Making succession plans less painful

http://www.forbesindia.com/article/iim-bangalore/the-succession-dilemma-founders-privilege-but-whose-curse/47985/1 Self-inflicted pains of succession M G Warrier

Why Arvind Panagariya couldn't become Montek Singh Ahluwalia for NDA-2

Why Arvind Panagariya couldn't become Montek Singh Ahluwalia for NDA-2 : The Aayog was free to give advice to the government, but none of it was binding on it... Let someone tell us...As if MSA had allthe solutions for UPA's problems! M G Warrier

WEEKEND LIGHTER: RBI, the wrong tree to bark at!

WEEKEND LIGHTER: RBI, the wrong tree to bark at! (August 26/27, 2017) Feel free to mail your views on this edition of WL to   mgwarrier@gmail.com Section IV Abdul Kalam’s material possessions Note: This Blog is getting on an average, over 💯 pageviews daily and over 4000 pageviews monthly. Many thanks to all of you for the support.  M G Warrier I Cover Story RBI, the wrong tree to bark at! This refers to the interesting indictment “Monumental failures of RBI” (Business Standard, August 23) by Gajendra Haldea who says, ‘India’s central bank has failed in regulating the banking system’. Having spent 10 years in the Finance Ministry and almost equal period with the Planning Commission (which had to be dismantled recently at Modi’s hands!), Haldea must have done his homework well before making this sweeping statement. I trust him, because Kanika Datta had found out long back that Gajendra Haldea is an ‘Inconvenient truth-teller’. The author has got his statement tha