What is Tapering and Quantitative Easing?
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.
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Banking on SPAM?
In a recent survey we found 86% of participants reported Banks and FIs to be the biggest spammers. Banks need to realise that every interaction with customers, existing or potential, is a moment of truth. Pestering only leads to increased trust deficit as the customer starts to see an ‘aggressive marketer’ and not a ‘trusted partner’
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How much Cash is there in the economy? A Quick look at data from India and World
A quick look at data on Currency in circulation in India and the world. While the Currency in Circulation (CIC) as a % of GDP is a good indicator, it has its own limitations. Overall Cash in the economies, the world over, has been increasing.
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Lessons from Archegos Capital : Quick story
Archegos Capital (AC), a New York based family office, was in news recently for its inability to meet margin calls by lenders. Wall Street was jittery reminiscing the nightmares of LTCM. Media stocks like Viacom tumbled 25-30% while marquee Investment Banks like Nomura and Credit Suisse indicated significant losses. We cut through the clutter of media reports, deep dived, simplified the story and picked a lesson or two for us bankers.