Ganga Narayan Rath is a former central banker and Chirayu Sharma, an independent researcher.
It is time to re-evaluate the scheme, sharpening the parts that deliver, redesigning or retiring the parts that don't, and setting sector-specific benchmarks where progress can be tracked transparently.
Ganga Narayan Rath and Chirayu Sharma
September 23, 2026 at 7:33 AM IST
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IFCI’s indirect NSE stake could deliver a balance-sheet windfall, but it cannot by itself revive a lender hollowed out by decades of bad loans.
August 31, 2026 at 11:23 AM IST
As UPI absorbs low-ticket flows, credit cards are being disintermediated at the surface but entrenched beneath as embedded credit rails.
April 1, 2026 at 4:58 AM IST
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