“Financial Untouchability”

Cudos to the Hon PM Of India for coining a word " Financial Untouchability" for the ailment that exists in the banking sector, all over. There has certainly been a tendency on part of the banks to entertain large clients. Large accounts take relatively lesser time and provide a healthy financial rewards, so to say. This tendency is thus quite natural but this should not deny an opportunity to others who are, albeit small and marginal, but deserving nonetheless . Excessive time to be spent in br...

IPOs…..People are about to welcome you !!

The recent upswing in the sentiments has resulted into a rapid rise in the share market index . this is a welcome state to be in, for a longer time . But the trend is more or less continuous since nearly four months or more . the analysts will agree that the PE ratios are rising beyond or near dizzy limits. Even at this stage the good sentiments are showing a growing trend ( thanks to good monsoon, some solution to coal block blockages and the initiatives of the new NDA Government ) . The in...

Independant Directors

Every one, connected with corporate Governance is praising the recent importance given to the position of Independant Directors.I also do appreciate the good intentions behind bringing this legislative changes. However a question remains as to do we have a pool of such directors? And more importantly, why should promotors and high stake holders tolerate the independance of some one in the Board who has absolutely no financial or other stake in the functioning of the Company ?Just imagine a si...

The Gujarat Model

The Curiosity:

Many are trying to understand the characteristics of the Gujarat Model. The attempts made to deconstruct the Model are as many and as fragmented as those made to prove the UFOs

Practice and Implementation (Theory follows practice !!)

Unlike other models of governance, where the practices are put into place based on the theories, the reverse is the case with the Gujarat Model, where the co...

A List of Suggestions For Mr Rajan, Governor RBI

I am sure Mr Rajan must have been fed up with the lists of "Do" s and " Don't"s received from various ,( and most of them from very respectable) levels . But such a fear should not and could not prevent me from penning a few issues which I think are relevant. Many issues may not be directly under his scope and command, but I am placing them since they do affect his performance and he certainly has an access to the relevant corridors. So here we go 1.. We need to play from the front foot ...