Essays on rational absurdity of banking
Basel norms are more than a capital adequacy exercise. They define how banks measure risk, what counts as capital, how much liquidity they must hold, and how regulators can impose additional requirements beyond the published minimums. This guide covers the full framework — Basel I through III, the three pillars, India’s specific calibration, and the gaps that Basel III still does not resolve.
The RBI’s monetary policy toolkit is wider than most practitioners realise. The repo rate gets the headlines, but the real work happens across the LAF corridor, the SDF floor, the CRR and SLR requirements, and the structural tools like OMO and forex swaps. This guide maps all of them — definitions from RBI’s own language, current rates as of February 2026, and what each instrument actually does to liquidity.
Open Credit Enablement Network (OCEN) and the Unified Lending Interface (ULI) are designed to transform the lending landscape by making credit more accessible and streamlined for underserved segments. But how do they differ, and what unique roles do they play in enhancing India’s digital credit ecosystem?
US Fed Reserve has recently indicated the need for ‘Tapering’ owing to inflationary pressure. Not long ago we were hearing ‘Quantitative Easing’.
We demystify both these terms in simple words.