In this introductory article, Professors Rajesh Chakrabarti and Gireesh Shrimali, the guest editors of this issue, outline the growing importance of renewable energy and the necessity to adopt policy and institutional measures that ensure energy security and sustainable development.
Development and sustainability are often thought to be incompatible objectives. While the former requires investment in infrastructure and rising energy consumption, the …Read More »
In their case study of Krishna Bhima Samruddhi Local Area Bank (KBSLAB), a microfinance institution, the authors take us through the journey of microfinance in India. After two decades, the industry is still a fledgling − one in whom its parent, the Reserve Bank of India, appears to have lost interest. Operating in an atmosphere of mistrust and indifference, KBSLAB …Read More »
This summary is based on the case study by Professor Rajesh Chakrabarti, where he highlights the impact of currency rate fluctuations on the profitability of an export-oriented textile manufacturing firm, TT Textiles. The company’s swap deal, which was based on the historical stability of the Swiss franc (CHF) against the US dollar (US$) initially seemed safe and lucrative, became a …Read More »
What were the factors behind the dramatic transformation of Bihar from a state with a dismal record in education, health, and law and order to a model of growth and governance? Professor Rajesh Chakrabarti traces the story of Bihar’s astonishing turnaround. This article is based on his forthcoming book, tentatively titled, “The Bihar Breakthrough: How a Troubled State Turned the …Read More »
In the first of this two-part interview, Professor Rajesh Chakrabarti talks to M D Mallya, Chairman and Managing Director, Bank of Baroda about the developments in the bank since he took over in May 2008 and the change the public sector banks have gone through in the last five years.
You joined Bank of Baroda as chairman of the bank. That …Read More »
A team from the Centre for Leadership, Innovation and Change (CLIC) at the ISB, comprising Rajesh Chakrabarti, Assistant Professor of Finance, ISB and M Kanchan, Senior Researcher, CLIC talks to Nitish Sengupta, Chairman of the Board for Reconstruction of Public Sector Enterprises (BRPSE). Sengupta has been instrumental in the revival of sick Public Sector Enterprises (PSUs) and the success stories …Read More »
Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) and former Deputy Governor, Reserve Bank of India (RBI), was at the Indian School of Business (ISB) recently. Professors Rajesh Chakrabarti and Krishnamurthy Subramanian interviewed her regarding financial inclusion and the role of microfinance companies and Urban Cooperative Banks (UCB) in improving financial access.
You have played a pivotal role …Read More »
What is the future of Urban Cooperative Banks (UCBs) in the sphere of commercial banking institutions? This article discusses the advantages that UCBs have over conventional banks as well as the challenges they need to overcome to elevate their status and promote financial inclusion.
Mention Urban Cooperative Banks (UCBs) in corporate circles or even public sector commercial banking and chances are …Read More »