Vinay Kumar Singh 🆚

Economist. Academician. OpEd Writer #Fintech#FinancialInclusion#FinancialRegulations#PublicPolicy. RTs & Likes not endorsement.

[Vinay Kumar Singh 🆚 @Vinaywriteon]

A thread on my writings: Opinion pieces in financial dailies, peer-reviewed research papers, blogs etc.

[Vinay Kumar Singh 🆚 @Vinaywriteon]

Monday I bumped into a guy studying sociology at IIT Bombay.
Today I met a guy studying Computer Science at JNU.
I don't know where this week is headed. Afraid to step out of the house tomorrow morning...
#IIT_Mumbai #life

[Vinay Kumar Singh 🆚 @Vinaywriteon]

@Scientific_Bird @Math_files Baskara introduced the idea of instantaneous velocity (dv/dx) and also proved that the derivative of a function vanishes at its point of maxima/minima (known as Rolle’s Theorem today). 3/n

[Vinay Kumar Singh 🆚 @Vinaywriteon]

@Scientific_Bird @Math_files Same concepts later used by Kerala mathematicians to give the derivation of the formula for area and volume of the sphere. Same derivation taught for integral calculus in high schools today. 2/n

[Vinay Kumar Singh 🆚 @Vinaywriteon]

Last week was a comedy of errors with Subhash at the centre of it.
Subhash (Chandra of Zee) was let off easily by SC. Then Subhash (Chandra Garg) raised doubts about the GDP numbers. Subhash's arguments were rebutted by Subhash (Garg, Secy MoSPI) #GDPdata

[Vinay Kumar Singh 🆚 @Vinaywriteon]

It was a pleasure to share my views with Raghu Mohan of @bsindia on Microfinance - Thrown a lifeline but still not out of the woods.

𝘐 𝘵𝘢𝘭𝘬 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘳𝘦��𝘶𝘭𝘢𝘵𝘰𝘳𝘺 𝘤𝘰𝘯𝘤𝘦𝘳𝘯𝘴 𝘰𝘯 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘢𝘵𝘦𝘴 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘴𝘪𝘵𝘶𝘢𝘵𝘪𝘰𝘯 𝘣𝘦𝘪𝘯𝘨 𝘧𝘢𝘷𝘰𝘶𝘳𝘢𝘣𝘭𝘦 𝘧𝘰𝘳 𝘤𝘰𝘯𝘴𝘰𝘭𝘪𝘥𝘢𝘵𝘪𝘰𝘯 𝘭𝘦𝘢𝘥𝘪𝘯𝘨 𝘵𝘰 𝘢 𝘳𝘦𝘥𝘶𝘤𝘵𝘪𝘰𝘯 𝘪𝘯 𝘱𝘳𝘪𝘤𝘪𝘯𝘨.

“The stance of policymakers and the RBI regarding the optimum pricing of MFI loans has been a constant source of confusion for lenders and investors,” holds Vinay Kumar Singh, economist and guest faculty at the Indraprastha Institute of Information Technology, New Delhi. He is of the view that policymakers have sought to manage the pricing issue through moral suasion and penal regulatory actions. And that a reduction in pricing can be achieved through lower cost of capital and improved operational efficiencies driven by economies of scale. Consolidation among MFIs can lead to these outcomes. “The recent bout of high non-performing assets, the stressed capital position of many small and medium MFIs and the difficulties faced by them in raising fresh capital provide favourable conditions for consolidation,” he adds.
#microfinance #banking #economics

[Vinay Kumar Singh 🆚 @Vinaywriteon]

https://t.co/JpQfffD1Lz

[Vinay Kumar Singh 🆚 @Vinaywriteon]

@LloydMathias @GmrAerocity All foreign rulers are equal, but some rulers are more equal than others. (With apologies to George Orwell).

[Vinay Kumar Singh 🆚 @Vinaywriteon]

https://t.co/hGYXu7J0vq

[Vinay Kumar Singh 🆚 @Vinaywriteon]

Interesting finding- RBI Research on pulses.
Around 75% of the consumer rupee spent on gram (chana) circulates back to farmers, the share is around 70% for moong and 65% for tur.
#researchpaper #rbi #Agriculture
https://t.co/y2KQkjEJhM

[Vinay Kumar Singh 🆚 @Vinaywriteon]

From IMF note on #Bangladesh
"Eco activity ⬇️markedly. Double digits inflation. Deterioration in BoP. Pressure on FX reserves. Tax collection ⬇️, spending pressures have ⬆️, domestic payment arrears have accumulated. Financial sector vulnerabilities have become more pronounced."

[abhishek singh @abhish18]

So I was wondering if Meta AI has joined all our @whatsapp groups without we actually adding him!! Is this true??

[Vinay Kumar Singh 🆚 @Vinaywriteon]

@SudiptoDoc I had such issues for long. Stopped dairy and cut down on gluten. Acidity is a distant memory. Use Mustard Oil only but in moderate quantities. So IMO it is not a univariate equation. Lot of folks today have gluten/dairy intolerance which they don't realise.

[Vinay Kumar Singh 🆚 @Vinaywriteon]

@BhattaPN @latlong_ai Interesting analysis

[Vinay Kumar Singh 🆚 @Vinaywriteon]

More than 50 countries will hold national elections in 2024- including US, UK & India.
#Elections2024

[James Nokise @JamesNokise]

I’m not quite sure how to explain what’s happened tonight, because it’s still happening - but here goes…

At 4:40pm I jumped on a train from London to Edinburgh..

It was comfy, it was quiet

In hindsight, too good to last…

[Vinay Kumar Singh 🆚 @Vinaywriteon]

2. Annual financial liabilities of households rose sharply by 5.8% of GDP compared with 3.8% in FY22
3. Passenger wholesale car sales, auto retail sales, and air traffic doing well, but wholesale two-wheeler and tractor sales, rail passenger traffic not faring well.
2/n

[Vinay Kumar Singh 🆚 @Vinaywriteon]

Makes for a grim read.
1. Net financial savings of households fell to a nearly five-decade low of 5.1% of GDP in FY23, down from 7.2% in FY22
#indianeconomy #economy
1/n
Household savings fall to 5-decade low https://t.co/eVMVKqAt9v

[Vinay Kumar Singh 🆚 @Vinaywriteon]

My OpEd in FE. Traces arch of banking regulation in the US from 2009 crisis till date to establish the regulatory faultlines. #SiliconValley #Banking @CafeEconomics @AswathDamodaran @zingales @COdendahl @GopikaGopa @andymukherjee70 @EmergingRoy https://t.co/nD2Rd3SRUa