Trends in credit growth
Some food for thought "How well he's read, to reason against reading!" —William Shakespeare (English writer 1564-1616) Word for the day Barmecidal (adj) Giving only the illusion of plenty; illusory, e.g., a Barmecidal banquet. First thought this morning A large part of the population in Eastern and North Eastern parts of India suffers from floods almost every year. Millions of people suffer tremendous hardship every year due to inundation of their houses and fields. For many of these people life begins afresh every year, as they lose their shelters, belongings, old parents, infants, and jobs to floods or to the disease and starvation that invariably follows the flood. This cycle has been going on since past many decades. States like Assam and Bihar have a regular flood control department. Every year they go through the same routine. The most unfortunate part is that this misery of people has been accepted b...