Tag: Coins

6

Children’s Day…teach them money and risk!

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  This Children’s Day, I could have started saying “Pandit Nehru was born on 14 Nov. 1889 at Allahabad. He was fond of roses and children…hence this day is celebrated as Children’s day…!!” I did not do that simply because his family will over do it….even today and the bill will be paid by us… […]

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2

Moral hazard: Bank loan waiver

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Banks lending in rural India is a great thing to have happened. Most people who borrow are genuine  -but there are some politically supported borrowers too. The main reason why a person in India (or in any part of the world too!) repays the loan is ‘because it is the right thing to do’. This […]

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