R. Gurumurthy

R. Gurumurthy

Gurumurthy, ex-central banker and a Wharton alum, managed the rupee and forex reserves, government debt and played a key role in drafting India's Financial Stability Reports.

Crawling Rupee, Creeping Risks on the RBI’s December Tightrope

Monetary Policy

A deceptive macro calm hides real fragilities, leaving the RBI heading into this review with plenty of room to misstep.

R. Gurumurthy

November 27, 2025 at 6:33 AM IST

Article related image

Poonam Gupta's tweet

Black Friday: How a Post-Thanksgiving Sale Became a Global Psychological Trap

Black Friday did not begin as a celebration of discounts. It began as chaos.

R. Gurumurthy

November 23, 2025 at 8:44 AM IST

Article related image

Via WikiCommons

Why India Still Lacks a Credible Framework to Resolve Failing Banks

India shelved its FRDI Bill amid public panic, exposing deep trust and capacity gaps. Without a credible resolution regime, the next financial failure could prove far costlier.

R. Gurumurthy

November 23, 2025 at 8:05 AM IST

Article related image

Malhotra’s RBI: Between Freedom and Friction

Malhotra completes his first year at the RBI next month. His tenure so far reveals a governor intent on pushing boundaries, loosening rules, and learning where freedom ends and systemic risk begins.

R. Gurumurthy

November 17, 2025 at 6:11 AM IST

Article related image

RBI

The Religion of SIPs: India’s March to Market Salvation

Are SIPs India's safest investment habit or a blind ritual that could distort markets? What happens when faith replaces fundamentals in financial behaviour?

R. Gurumurthy

November 11, 2025 at 8:48 AM IST

Article related image

iStock.com

Who Owes What and Whose Debt Is It? Meta, Structured Finance, and the New Corporation

Meta’s $27 billion Hyperion deal shows how the modern firm no longer owns everything it uses but orchestrates capital, partners, and data through design.

R. Gurumurthy

November 6, 2025 at 7:37 AM IST

Article related image

Meta

Where Have All the Bankers Gone? India’s De-Risked Banking Paradox

In saving its banks from collapse, India has saved them from competition. In shielding them from loss, it may have shielded them from relevance.

R. Gurumurthy

November 4, 2025 at 6:34 AM IST

Article related image

iStock.com/lakshmiprasad S

Seen and Stirred: When Two Ticks Turn Blue

Basis Life

Two blue ticks, endless emotions. WhatsApp’s read receipts, meant to offer clarity, have become digital mirrors reflecting our deepest anxieties about trust, control, and connection in an always-on world.

R. Gurumurthy

November 1, 2025 at 6:37 AM IST

Article related image

iStock.com

Tale of Two Reports and the Inflation of Words

The RBI–SBI plagiarism spat turned research into theatre, proving that even economists now crave trending status.

R. Gurumurthy

October 26, 2025 at 5:05 AM IST

Article related image

Can Acquisitions Transform the Indian Financial Sector?

Foreign banks are back, this time buying their way into India’s lenders. Is this just another fling or lasting change of capital with conviction?

R. Gurumurthy

October 22, 2025 at 3:55 AM IST

Article related image

iStock.com

The Next Crisis: Too Liquid to Fail, Too Clever by Half

When every crisis is met with more liquidity, risk mutates. The next meltdown may expose the limits of faith in money as the ultimate fix.

R. Gurumurthy

October 20, 2025 at 5:39 AM IST

Article related image

iStock.com

Not All Coins Are Equal: India’s Deliberate March Toward Digital Money

India cautiously explores stablecoins and CBDCs, balancing innovation, programmability, and systemic stability in a rapidly digitalising financial world.

R. Gurumurthy

October 10, 2025 at 3:21 AM IST

Article related image

RBI

Provisioning for Appearances: RBI’s Half-Hearted Tryst with ECL  

Has the RBI truly embraced global best practices, or just adopted them for appearances? India’s half-hearted ECL rollout exposes a deeper discomfort with accountability.

R. Gurumurthy

October 6, 2025 at 4:37 AM IST

Article related image

Nobel Committee’s Trump Problem

Tragicomix

From peace talks to bleach cures, Trump’s legacy baffles the Nobel Committee: too vast for one medal, inspiring a new prize for sheer unintended innovation.

R. Gurumurthy

October 4, 2025 at 7:13 AM IST

Article related image

RBI’s Baby Steps on Rupee Globalisation: Useful Nudges, But…

Monetary Policy

Recent announcements set the stage for rupee globalisation, but true scale awaits deeper trade and market adoption.

R. Gurumurthy

October 2, 2025 at 10:34 AM IST

Article related image

Photo by Patrick Hendry on Unsplash

Labubu Syndrome: Anatomy of a Plush Pandemic

A pointy-eared gremlin-rabbit now rules wallets and timelines. Labubu is today’s tulip, yesterday’s Beanie Baby, and last year’s NFT—cute, scarce, and overpriced.

R. Gurumurthy

September 27, 2025 at 5:11 AM IST

Article related image

Via WikiCommons

Bitcoin Inside - Are We Smelling a Super-Prime Crisis?

Briefing

Strive’s $1.3 billion deal shows how Bitcoin inside corporate wrappers creates systemic risk

R. Gurumurthy

September 24, 2025 at 9:13 AM IST

Article related image

Istock/BlackJack3D

Plaza Accord at 40: A Time Capsule of Macroeconomic Diplomacy

Forty years after the Plaza Accord tamed an overvalued dollar, can Washington still bend currencies to its will in a multipolar, fast-moving financial world?

R. Gurumurthy

September 22, 2025 at 1:44 PM IST

Article related image

iStock.com

Trump, LTSE and the Fight to Slow Capitalism’s 90-Day Clock

From Trump’s six-month plan to LTSE’s bold rethink, the battle over quarterly earnings asks if markets can ever break free from short-termism.

R. Gurumurthy

September 16, 2025 at 9:01 AM IST

Article related image

istocks/krblokhin

India’s Bank Mergers: The Folly of Mistaking Size for Strength

Consolidation of India’s public banks offers scale without substance. Without governance reform and adjustments to their business models, they risk global irrelevance despite their domestic strength.

R. Gurumurthy

September 12, 2025 at 6:05 AM IST

Article related image

iStock.com/lakshmiprasad S

The Bureau

Sundeep Sikka on Building Team at Nippon MF & the Future of Mutual Funds | Market Makers Part - II
Jallikattu: Tamil Nadu’s Ancient Bull-Taming Tradition
Image