This financial system is the backbone of any economy because the efficiency with which the financial system works from lending to investing, plays a very important role in the economic development of a nation. Climate...
In India, the priority sector is a set of sectors identified by the Reserve Bank of India (RBI) as being of strategic importance for the country’s development. Credit push to the priority sector refers to...
The 24th Monetary Policy committee meeting has come as a reprieve for the banks and the NBFCs who were getting into a deep trouble because of ‘Moratorium’ and further impact of the same on credit...
India’s Gross Government Debt as a Percentage of GDP lies between 61-68 Percent till 2019-2023, unless some drastic measures. (IMF Forecasts, 2018-19), which is comparable to China and lower than Advance Countries Projections of Government Debt to GDP.In such...
The Money Supply in the Country is impacted by several Interest Rates existing in the country. In this article we are exploring various terms and trying to understand what it means in the context of ...
The masses might be wondering what – cryptocurrency or the Indian avatar of it -Bharat Coin. Let’s get into the business of deciphering the impalpable object! Cryptocurrency as a digital asset and a virtual form of money...
“Differentiated banks” are niche banks as they operate in specific sectors, under a different regulatory framework. The idea of “differentiated bank” was initially proposed by the RBI constituted Nachiket Mor Committee for financial inclusion (January...
On tap licensing is a new Universal Bank licensing approach, where by the window for getting a bank license from Reserve bank of India is open throughout the year. On tap will allow Individuals, Groups, Companies or...
It cannot be said that the resignation of Raghuram Rajan was separation by mutual consent. He had implicitly indicated his willingness to serve another term; his change of mind indicates either that he was given...
If Indian fiscal policy were to be summed up in one word, it would be anti-growth. Indian governments routinely borrow money to finance a substantial proportion of their expenditure; these borrowings add to their debt,...
As the government gears itself to present a full-fledged budget in a few weeks, the policymakers will have to do the balancing act of giving a boost to the economy along with getting the budgetary...
When RBI declared the fifth bi-monthly monetary policy statement on December 2nd, Rajan chose not to change the key policy rates. The markets anticipating a rate cut were disappointed. However, the statement that “rates can...