RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositors’ interests and provide cost-effective banking services to the public. Its roles are...
Shaktikanta Das, the governor of the Reserve Bank of India, had so far maintained that India is not ready for a digital currency, but suddenly he has announced that from November 1, Central Bank...
India could take advantage of geopolitical developments to promote trade and gain better status for the rupee, by avoiding dollar A number of countries, including India, are now considering the use of other currencies...
On November 8th, 2016, Prime Minister Narendra Modi announced that Rs. 500 and Rs. 1000 currency notes would be abolished. These notes have to be surrendered to the bank branches. He said black money...
India is facing an unprecedented job crisis with women and young people bearing most of its brunt.
On November 9, 2016, when journalists approached me as the senior vice president of the All India Bank Officers’ Confederation for a comment regarding the demonetisation announcement by Prime Minister Narendra Modi the previous...
After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked speech in Goa said “I have asked the country for just 50 days....