Let a hundred banks bloom, says Tamal at Mint. RBI broaches the concept of payment-banks, which will have a much lower capital requirement (Rs. 50 cr. versus ...
Bloomberg has an awesome piece on the Saradha scam: Sudipta Sen was on the run when police arrested him on April 23 at Hotel Snow Land, a resort with views of ...
JP Morgan has just been fined $ of money for shorting Madoff without telling anyone. How the heck do you short a guy? I mean, do you buy insurance on him? Do ...
We’ve had a great year at Capital Mind, in 2013. As I moved to convert the blog into a full-scale business, things improved dramatically on the number of ...
Some great links I’ve found on twitter: Hussman funds on Estimating the Risks of a Market Crash. They calculate the probability of a crash based on the ...
If you’re a Capital Mind regular, you’ll probably find this repeated the 100th time, when I’ve said if you ban gold imports, they’ll smuggle it in. ...
Chinese 7-day repo rates have hit 8.8% and this has spooked regulators, so much that they’ve asked the media to reduce their focus on the issue. China has ...
Financial Technologies and it’s founder Jignesh Shah, along with two key people (Joseph Massey and Shreekant Javalgekar) have been declared “not fit and ...
Look, We Have A US Taper! The US Fed decided on a $10 billion taper today . From buying $85 billion worth securities per month, they will buy only $75 billion ...
