Touted as the first paperless budget, the budget 2022 was after all a people-less budget that was far removed from the pressing concerns of the day. This was starkly similar to the Economic Survey...
As theĀ Enforcement DirectorateĀ 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 inĀ āIndiaās biggest...
In its reckless privatisation drive, the Government of India (GoI) isĀ sellingĀ the Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, a Non-Banking Financial Corporation (NBFC) with a dubious record, owned by a...
In its reckless privatisation drive, the union government is selling Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, an NBFC with a dubious record, owned by a furniture company, with less...
The banking sector has definitely come a long way since nationalisation, we still are many miles behind in our target of achieving a fully inclusive banking system. Do we have a banking system where...
In November 2020, an Internal Working Group (IWG) of the RBI came out with a recommendation for allowing large corporate and industrial houses to promote banks and permitting promoters to raise their stakes in...
The Ministry of Finance announced yesterday that, no public sector bank has increased the bank charges and will not do so in view of the COVID pandemic. The announcement came after strong backlash to Bank of...
Not Write offs, Corporate Loan Waivers Banks Recovered Only 10% Bad Loans After Writing Them Off !! According to an RTI response received from Reserve Bank of India, between 2014 and 2019 scheduled commercial...
Rs. 1.76 lac crore from RBIās reserve fund transferred to Central Government RBI central boardĀ accepted theĀ recommendations of the Jalan Committee ā formed last year to review the economic capital framework for RBIās reserved funds...
Sovereign Debt: Liability in Perpetuity The announcement ā made by Nirmala Sitharaman, Finance Minister of India in her maiden budget speech ā that India will look for options to raise funds from external markets...
The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian...
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 & current accounts) which banks use for...
The privatisation of public sector banks has been an issue of debate for a long time. Economic experts are again talking about privatisation of public sector banks (PSBs) due to current non-performing assets (NPAs)...
