For Immediate Release February 27, 2019 New Delhi: In a historic 7-1 decision, the U.S. Supreme Court decided in Jam v. IFC that international organizations like the International Finance Corporation of the World Bank Group...
Answering to a question in the parliament, Pon Radhakrishnan, the Minister of State in the Ministry of Finance, revealed that between the financial year 2015-2018, India paid Rs 396.775 crore as Commitment Charges to the...
To access the banking system through various platforms/processes, banks provide different kind of services to depositors. Bank charge is a fee that banks charge depositors to access these banking services. Recently, banks have started...
The budget session of the parliament witnessed the members asking government questions related to finance. Some of these questions were related to the NPAs, rationalisation of the overseas branches of the banks, charges levied...
भारतीय बैंकिंग क्षेत्र एक लंबे और गंभीर संकट के दौर से गुजर रहा है। बुरे ऋण बढ़ रहे हैं और बैंक घटते मुनाफे के साथ कम-पूंजीकृत हो रहे हैं। नतीजतन, साख वृद्धि थम सी...
The Indian banking sector is under a prolonged and severe crisis. Bad loans continue to grow and banks remain under-capitalized with profits in the red. As a result, credit growth remains muted, reinforcing the...
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving accounts) which banks use for lending to...
The Paris Rulebook (renamed the ‘Katowice Rulebook’ by many), the outcome of 24th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP24), exposes the perils of a pledge-and-review system. In...
As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions...
Public Sector Banks As per the data provided by the government to the Parliament of India, since the financial year 2014-15, until September 2018, the Public Sector Banks have collected Rs 7027.81 crores for...
In the last four years since Amaravati was conceived, the government has successfully aggregated 34,000 acres of land from almost 28,000 farmers. According to agriculture experts, the area between Guntur and Vijayawada, which been...
On December 25, 2108, Minister of State for finance informed the Lok Sabha that out of total 1.31 lakh loan applications received on the newly launched 59 minutes loan, 1.12 lakh applicants received the...
It is a good time for the rich in India. India added 18 new billionaires last year raising their number to 119. Their wealth increased by 35 per cent last year – Rs 2200...
With the formal process of selection of a new World Bank President kick-starting in a week’s time, it’s imperative to have a view beyond this selection, now that the dust of Jim Kim’s sudden...