Good move by RBI to pick DBS to rescue Lakshmi Vilas Bank, govt should now bring FRDI Bill back
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Good move by RBI to pick DBS to rescue Lakshmi Vilas Bank, govt should now bring FRDI Bill back

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RBI deserves a pat for the speed with which it announced Lakshmi Vilas Bank’s resolution and picking Singapore’s DBS Group to rescue it. More foreign banks should establish Indian subsidiaries to tap such opportunities. This is also a reminder to government to bring FRDI Bill back to supervise sector better.

Amit Shah’s ‘Gupkar Gang’ attack is poor strategy, allow politics to return in J&K now

Home Minister Amit Shah’s ‘Gupkar Gang’ attack is bad politics, poor strategy, and a disinclination to see the big picture. Both PDP and NC are past BJP coalition partners. After the substantive, constitutional changes in Jammu & Kashmir, politics should now be allowed to return, so statehood can be restored.