Kautilya, Credit, and the Return of Economic Judgment: Dr Madhavankutty on What Modern Economics Must Relearn
Dr Madhavankutty, Chief Economist at Canara Bank, has spent two decades inside India’s financial system, across banking, treasury, risk, corporate strategy and policy-facing work, watching economic intelligence succeed or fail where models meet institutions. Drawing from both modern institutional experience and India’s ancient wisdom of statecraft, his argument is that the country’s next advantage will depend on whether its institutions can carry the judgment that growth now demands.
July 18, 2026