Readings: Farms, Prepayment Penalties, VC Movies

• The mechanization of India’s farms
• Everonn tanks 48% after it’s MD is arrested in a bribery case
• RBI proposes ending pre-payment penalties on floating rate loans. Also read: The Unnecessary Prepayment Penalty where I argue that banks have methods of overcoming short term asset-liability mismatches through their short term borrowing schemes.
• Car demand falls, and manufacturers want to raise prices. This makes complete sense.  
• Value Research says keep your expectations practical.
• RBI says SLR at 24% and CRR at 6% is too high; in my opinion, bringing it down will only help increase credit within the private sector.
• And we end with

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