The RBI has hiked rates as many as thirteen times so far.In spite of this inflation is mounting and food inflation has soared to12.27 er cent for the week ended 22nd October 2011 Head line inflation in September 20011 stood at 9.27per cent..Inflation has spread even to the manufacturing sector.This clearly shows that RBI's rate hikes are not workiing
In view of this RBI must adopt selective credit controls in lieu of repeated rate hikes that affects all sectors and all sections of people including most vulnerable ones..Rate hikes have compelled producers and manufacturers to defer their expansion plans and as result supplies will be affected.Supplies may not increase as required.Hence the government must adopt suitable fiscal policies to curb inflation instead of repeated rate hikes that affect production and expansion of manufacturing activities.
This is a portal devoted for the identification and discussion of contemporary banking and economic issues of concern and the ways of addressing them. This is for exchange of ideas and further learning. The author has published 1249 English articles and 2289 Kannada articles during last 45 years till today ,the 21st August 2008.He was first to recommend statewise and sponsorbankwise merger of RRBs in his article ''RRBs on the Horns of a Dilemma''in Fortune India July16-31,1993.
Saturday, November 5, 2011
Friday, October 7, 2011
Banking Growth In Karnataka
An article on ''Banking Growth in Karnataka''written by Dr.K.K.Ammannaya has appeared in the Southern Economist of October 2011.
Monday, August 15, 2011
article on Leeladhar
An article on V.Leeladhar was published by K.K.Ammannaya in the Udayavani dated 22nd July 2011
Wednesday, August 3, 2011
Sppech of Sri V.Leeladhar
Dr.K.K.Ammannaya has published an article on reform of Micro Finance sector based on the speech delivered by sri v.leeladhar Former RBI Dy Governor after receiving K.K.Pai National Banking award on 22nd july 2011.This article is available in the Udayavani dated 3rd august 2011.
Sunday, July 31, 2011
K.K.Pai National Banking Award
K.K.Pai National Banking award was presented to Former R.B.I Dy Governor sri V.Leeladhar at Manipal on 22nd July 2011.On this occasion an article on Sri Leeladhr was published by K.K.Ammannaya in the Udayavani Kannada daily dated 22nd July 2011
Sunday, June 19, 2011
Doctoral Thesis
The doctoral thesis of Ammannaya is the following---
Performance Budgeting and Employee Participation-A Participation Model for Banks.
Performance Budgeting and Employee Participation-A Participation Model for Banks.
Monday, April 25, 2011
Article On financial Inclusion
A new article on New Approach to Financial Inclusion by Dr.K.K.Ammannaya has appeared in the udyamadarshi of March-april 2011
Friday, March 11, 2011
Article On Budget
An article on Union Budget 2011-12 written by K.K.Ammannaya is published in Udyamadarshi of March 2011.
Saturday, February 12, 2011
New Articles
A new article on S.B Interest Deregulation has been published recently.A small article on inflation ahs appeared in Business Line.
Saturday, January 22, 2011
New Article
A new article on savings bank account interest rate deregulation has appeared in Udyamadarshi December 2010 issue.
Saturday, January 1, 2011
New Articles
The following new articles of K.K.Ammannaya were published in November and December,2010--
1.Branchless banking[Shakharahitha banking] in Kannada prabha dated 29th November 2010.
2.Housing scam[Vasathi hagarana] in Udayavani dated 2nd December 2-010.
1.Branchless banking[Shakharahitha banking] in Kannada prabha dated 29th November 2010.
2.Housing scam[Vasathi hagarana] in Udayavani dated 2nd December 2-010.
Subscribe to:
Posts (Atom)