HDFC and HDFC Bank announced their merger yesterday (4-Apr-2022).
My article in Moneycontrol on the merger.
Archive for April 5th, 2022
Remembering 1966 B.R. Shenoy Report on Sri Lanka : An instance of missed opportunity for Sri Lanka?
April 5, 2022Each time Sri Lanka goes into a crisis, we need to remember the profound insights of Indian economist BR Shenoy. Perhaps if his policy suggestions were accepted by the Sri Lankan government in 1966, Sri Lanka could have avoided future crisis. But this is a big if and perhaps.
Sri Lanka was going through a crisis in the 1960s. The Government of Sri Lanka appointed Shenoy to study and suggest economic policy going forward. Shenoy submitted a report outlining many suggestions which were quite amazing and futuristic.
In this article, W.A Wijewardena, a former Deputy governor of the Central Bank of Sri Lanka takes us through the background of SL crisis in 1960s and what led the Government to appoint Shenoy:
Mostly Economics 
