Nikhil’s Reviews > I Do What I Do > Status Update
Nikhil
is on page 30 of 344
The ideas in the book are descriptive rather than insightful till now. For eg: he is describing how to reduce rural prices through cost reduction measures. Some of these costs such as MGNREGA and MSP make sure rural workers and farmers get their due share. But his argument is that this is inflationary.. how much inflation do these cause? They are essential to some extent as income guarantee schemes.
— Jun 28, 2023 09:28PM
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Nikhil’s Previous Updates
Nikhil
is on page 70 of 344
Regulation on public sector banks are too much and often counterproductive. He shows how and he says that it does not make sense to keep them regulated and expect them to be competitive to private banks.
— Jul 06, 2023 07:15PM
Nikhil
is on page 61 of 344
Project management needs to be at the center of bank’s performance. To improve profitability, banks need to integrate IT database with their traditional business processes.
— Jun 30, 2023 09:02PM
Nikhil
is on page 56 of 344
Banking competition ideas and how to make public sector banks more competitive. There aren’t overarching questions but detailed ideas which sound right. How would they play out, whether there are things which we miss in simplistic theory , only time will tell.
— Jun 30, 2023 08:46PM
Nikhil
is on page 46 of 344
Now he makes an argument that high interest rate charged by borrowers is not only because of policy rate. It is because that individual borrower is risky so the bank charges a premium. His speeches have this statement again and again. He seems to be irritated by high borrowing cost and the argument that this would hurt the growth potential of the economy..
— Jun 29, 2023 11:42PM
Nikhil
is on page 36 of 344
Is higher inflation more variable. So the idea is that level of inflation affects it’s standard deviation. This is the relation between first and second moments for inflation. Is this empirically valid?
— Jun 28, 2023 10:01PM
Nikhil
is on page 33 of 344
Dosanomics: is 101 real interest and nominal interest difference. As an example it drives the point that one worries about real interest. But the issue is a bit more subtle. What happens if you consume dosas and idlis? If the price of dosa is higher than price of idlis then calculation of real interest needs to take into account consumption basket too.
— Jun 28, 2023 09:39PM
Nikhil
is on page 20 of 344
The first chapter is dry, lot of details, less perspective on the economy and In general, written without the reader in mind. You have to be in the RBI to understand the whole arch of policy initiatives. As an economist, it’s not very digestible.
— Jun 23, 2023 05:22AM
Nikhil
is on page 7 of 344
He starts by explaining why the book has a funny title. Some would think there is a bit of vain in the title, but in the context, it is funny.
— Jun 23, 2023 12:18AM
