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...
नोटबंदी की बात करने से केंद्र सरकार हमेशा कतराती रही है। लेकिन पिछले हफ्ते जब सुप्रीम कोर्ट ने नोटबंदी के खिलाफ याचिका पर सुनवाई शुरू की तो उन्हें मजबूर होना पड़ा। केंद्र सरकार ने...
The Union Government has always shied away from talking about demonetisation. But last week they were forced to, as the Supreme Court is hearing the petition against demonetisation. The Union Government in its affidavit...
Nearly a month after Maruti Suzuki chairman RC Bhargava raised a stink by saying that people’s ability to buy small cars has eroded and would continue to decline next year and national dailies reported...
मुद्रास्फीति को 6% की सीमा तोड़े 9 महीने से अधिक समय गुजर चुका है। कानून के अनुसार, आरबीआई को महंगाई को नियंत्रित न कर पाने पर अपनी विफलता पर सरकार को जवाब देना चाहिए।
It has been more than 9 months since inflation broke the 6% ceiling. As per the law, RBI is going to write to the government explaining their failure to contain it, but both parties...
State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has to be independent, and it has acted independently in the past. For example, Mr...
When the Nobel Prize in Economics is awarded to economists for their work on “why banks should not be allowed to fail,” the Union Government announced an Expression of Interest in selling IDBI Bank.
As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal investments. A 2021 report found that ICICI, the State Bank of India,...
We witnessed an infantile jubilance on the part of the government since last year about a “record recovery” from the pandemic. Finance Ministry’s report claimed that armed with necessary macro and micro growth drivers, India...
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...
On 14th March 2022, RBI issued revised instructions for microfinance loans to the poor by Non-Banking Financial Companies (NBFCs) called Micro Finance Institutions (MFIs).
“It would be difficult to undertake credit planning unless the linked control of Industry and Banks in the hands is snapped by Nationalisation of Banks,” said R K Hazari in the R K Hazari...