Credit Rating Agencies (CRA) and the conflict of interest in the Issuer Pay model.

Debt markets are at the heart of the modern financial system. Credit flow is the lifeline of any economy. In the modern debt market there are three principal players. Lenders, borrowers and the third one which are the Credit Ratings Agencies or CRAs. Credit rating agencies stand between borrowers (Issuer of Debt) and the lenders … Continue reading Credit Rating Agencies (CRA) and the conflict of interest in the Issuer Pay model.

Explainer: When Microfinance blew up in Andhra Pradesh

If one wants to understand Microfinance space, it's important to know the Microfinance Crisis in Andhra Pradesh. It's important to study failures and the reasons. Background: A SHG (self help group) is a community based group with 10-20 members. They are usually A SHG (self help group) is a community based group with 10-20 members. They are … Continue reading Explainer: When Microfinance blew up in Andhra Pradesh

Explainer: Global Value Chains or supply chains and why they are important.

Global Value Chain Division of labour is an idea which dates back millennia but the modern production systems have evolved as 'Global Value Chains (GVC)' Under Global Value Chains, production is broken down into activities and tasks carried out in different countries. While trans-national co-operation in production is an old idea, this in last few … Continue reading Explainer: Global Value Chains or supply chains and why they are important.

Thinking in the box: How containerisation disrupted the world!

Container doesn't come across as a world changing Innovation. But this seemingly simple metal box changed the face of global trade and industry. This has been beautifully chronicled in the book, 'The Box' by Marc Levinson Loading goods crate by crate is a costly and time consuming affair. Containers by standardizing the process enabled speed … Continue reading Thinking in the box: How containerisation disrupted the world!

How Reliance Jio built the In-house 5G Solution

Imagine if you were to assemble a desktop PC. You need to bring together various hardware, assemble it and then install the software. But what if the makers of hardware and software set their own connectivity standards. They aren’t interoperable, not all will work together seamlessly. This will severely restrict one's ability to choose the … Continue reading How Reliance Jio built the In-house 5G Solution