Random Reflections The government and banks, which write off crores of depositorsโ money to benefit the wealthiest, make a hue and cry when farmers or disaster-affected people demand loan waivers. Disasters occur frequently across...
A hundred days isnโt really enough to evaluate the policies of a regime pertaining to finance and economy, but it is enough so far as to get the drift. And an overview of the...
In this monthโs infrastructure update, the national and international financial institutions such as the ADB, JICA, AIIB and BoB are looking to increase project and policy financing for infrastructure projects.
Addressing a Rozgar Mela last month and virtually handing over 70,000 appointment letters (remember the 2 crore jobs per year promise and the vacant 9, 60,000 posts in the union government itself) the prime...
Wilful defaulters and companies involved in fraud can go for a compromise settlement or technical write offs by banks and Non -Banking Finance Companies, as per the new RBI circular.
It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main changes that were done included a shift from class banking to mass...
As theย Enforcement Directorateย on Wednesday registered a case of money laundering against Gujarat-based ABG Shipyard based on the complaint of the State Bank of India, the company has been described as being involved inย โIndiaโs biggest...
Bankโs performance is always the reflection of the countryโs economy. Though results are not out for the financial year 2019-20, analysis shows that many banks will be showing a huge loss. The last quarter...
When COVID-19 cases are increasing, people are waiting for relief package every day, states are begging the Centre for release of GST share, permit more loans, allow RBI to lend to states at repo...
Everyone accepts that the Covid-19 problem is not going to be over by April 14.ย When we were all anticipating an economy package, the PM asked us to hold candles and lights.ย To revive the economy,...
The Resignation of IMF Chief, and Western Dominance in IFIs Christine Lagarde, IMFโs Managing Director,ย resignedย this month after she was nominated to head the European Central Bank. She previously served as Franceโs finance minister during...