All India Bank OfficersтАЩ Confederation and All India Bank Employees Association, criticised the recent move by the Reserve Bank of India (RBI) to allow Banks/lenders to settle loans of wilful defaulters under compromise settlement.
The RBI Governor Shaktikanta Das is the only Governor without an economics background; he studied history. He was the Secretary, Economic Affairs on November 8, 2016 when demonetisation was announced by the Prime Minister...
Silicon Valley Bank which was one of the biggest banks in the US collapsed, followed by Signature Bank. Now MoodyтАЩs Investor Service has placed First Republic Bank, Western Alliance Bank Corp, Intrust Financial Corp,...
Banks abroad work only five days a week. International financial system works only five days a week. ┬аReserve Bank of India works only for five days a week. The Central Government Offices and most...
The Reserve Bank of India has been announcing repo-rate hikes for some time. While most of the commoners donтАЩt understand what that means but know that it is spiking their EMI. They are told...
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how IndiaтАЩs...
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositorsтАЩ interests and provide cost-effective banking services to the public. Its roles are...
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 peopleтАЩs ability to buy small cars has eroded and would continue to decline next year and national dailies reported...
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...