Modernising loan operation procedure
There is no possibility of any bank in our country to collapse in near future due to high advance deposit ratio (ADR) because there is no proper bankruptcy act and our banking sector enjoys a kind of protection. There is no precedence of merging or closing or bankrupting of any...
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The market dogs that didn't bark
Three months ago, I argued that rising stock markets around the world were a consequence of improving economic conditions, not a sign of "irrational exuberance." Since that commentary was published, share prices accelerated upward, and some "irrational exuberance" did start to appear, leading to a sharp fall in early February....
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