The increase in foreign ownership of banks in emerging markets is one facet of the ongoing consolidation of banking systems in both mature and emerging markets. The franchise value of banking license reflects the discounted value of the net profits. That bank would be expected to earn over time. For instance, telephone and electronic banking, have been widely used by foreign banks to gain market penetration in European markets and more recently in emerging markets, especially in Asia.
Tara meets someone through a matrimony broker. They quickly decide marriage isn’t on the table, but spend a night together anyway. What follows isn’t regret or drama, but an unsettling emptiness. Over tea and samosas, she tries to understand why physical closeness left her feeling more alone than before. Spill the Tea: When Closeness leaves You Feeling Further away The tea was too sweet. Tara noticed it immediately but didn’t say anything. She sat on the verandah chair, one foot tucked under the other, the plastic creaking every time she shifted. She wore a black cotton top with sleeves pushed to her elbows and denim shorts that left her knees bare to the evening air. She didn’t look uncomfortable. Just slightly unfinished, as if she’d left in a hurry. Between us, a steel plate held two samosas, already cooling. The chutney had begun to darken at the edges. She broke a corner of the samosa. The crust flaked onto her plate. She dipped it into the chutney, carefully. “You know,” she said...
Comments