On 28th August 2014, the government launched Pradhanmantri Jan-Dhan Yojana (PMJDY). The objective is to achieve financial inclusion. The initiative, spearheaded by Prime Minister’s office, has a target to open 100 million bank accounts by...
Problems faced by Indian companies and banks are as acute as India’s inability to bolster its free-falling currency or mending its worsening economy Debt-ridden corporate sector The banking sector has witnessed strong loan growth in recent...