Ambani shows the way -- again
The market has gone ga-ga over the 1:1 bonus issue from Reliance Industries. But, as is usually the case, the bulls are salivating over ephemeral things.
|
RBI must cease to act as owner of banks
The Reserve Bank of India's (RBI) primary role focus is the protection of the interests of depositors. The supervision and inspection functions and the submission of various periodical reports by banks to RBI are the tools for discharging this role.
|