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The Government of India, together with the Reserve Bank of India (RBI), had done a commendable job in alleviating the pain of the borrower community during and after the nationwide lockdown imposed to counter the COVID-19 pandemic. Thanks to their timely actions, a nascent recovery was visible in a few sectors during the last two quarters of FY21. Indeed, international prognostications for India's recovery for FY22 turned overwhelmingly positive in the last quarter of FY21. However, with the emergence of the second wave of the pandemic, which seems to be more severe and widespread than the f...

The Reserve Bank of India (RBI) on Tuesday said all over-the-counter credit default swaps (OTC-CDS) transactions should be reported within 30 minutes of the transactions to the trade repository, clearly marking the purpose of the transaction, whether it’s for hedging or not. The trade repository will be run by the Clearing Corporation of India Ltd. (CCIL). "In case a market participant assigns a CDS contract to any other market participant, the market-maker in the assigned contract shall report such assignment to the trade repository of CCIL," the RBI said in a draft guideline on CDS rel...

People under consideration said please, no, please no. god, no. we wouldn't have enough room at this table to put them all. mick mulvaney saw his next gig, would have given up a very valuable apendage to get that job. some people would laugh at that as maneuvering. whatever you think of the president, the president should have a chief of staff who wants to be there and wants to try to fix what is a mess. >> he's ambitious. i covered him in the house. he was always a bomb thrower. he cheered for shutdowns, told republican leaders don't mind credit default. make sure democrats do some kind of cu...

System in arkansas. i was a legal services lawyer defending poor people. i went to work to try to make sure we got health care in the beginning of husband's administration because of so many people who were left out and uninsured. i have been on this issue in many different ways. ho do we makedicati education m equal? how do we make health care more equal? of course that's tied to income equality. there's a broader range of issues that i have a long record addressing. when i was in the senate win took on corporate executive çp. a lot abuses that i thought were there. i took on derivatives an...

Equality, but there is a broader range of issues i have a long record of addressing. when i was in the senate i took on corporate executive pay. a lot of the abuses i thought were there. i took on these derivatives and credit default swaps that contributed to the collapse of the economy and the great recession. i stood up to wall street. i called them out. so i have a very long record. i have a broader agenda. it's not the only thing i talk about because i think you have to view the quality of opportunity and how we deliver that in the 21st century for many different perspectives. >> since you...