Transfin.

Uber Caps, Bad Banks and a Crooked Karvy

 

Today...we go dark! No kidding. 

 

Post a comparatively benign routine around Ola and Uber toing-and-froing with the regulator, we delve deeper into recent mis-steps within India's financial sector. 

 

Today's TOC includes:

 

  • Commission and surge pricing caps on Uber/Ola
  • Creating a bad bank and why it may not work
  • The weirdly unnoticed fraud besotting Karvy

 

With the Indian economy jumping from one fraud after another, did we really have a choice? 

FIN.

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