When the economy slows down, the norms and policies of the government and the central bank must be more flexible in order to facilitate easy recovery. Due to RBI's stringent policies on the Investment...
On 1st October 2017, five associate banks of SBI were merged in the State Bank of India. Dena Bank and Vijay Bank were merged in Bank of Baroda on 1st April 2019, while in...
The global economy is in a downward trend, fueled by the 3rd wave of the pandemic. In India, the role of Public Sector Banks (PSB) who constitutes more than 65% of the banking system,...
āChile was the birthplace of neoliberalism, and it shall also be its grave!ā said Gabriel Boric, a young student leader from the radical fold who was forged in the protests that has rocked Chile...
The claim that there has been a record recovery may seem correct on paper. Comparing the figures for growth in quarter ending in June 2021 - 22 with June 2020-21 there is a 20.1%...
Public Sector Banks (PSBs) have played a significant part in the countryās economic growth. The principles of nationalization also contributed to the social banking character of the PSBs. This scenario has been changing since...
Post-Independence, there was reluctance to nationalise the various private airlines that were running very inefficiently. In 1950, an Air Transport Inquiry Committee (headed by Justice G.S. Rajyadhaksha) was appointed which went into a detailed...
A few months ago, a news made headlines, doing rounds in the social media about how it was a matter of much shame that India had fallen behind Bangladesh on the metric of Per...
āThe government is claiming they are giving only temporary rights for certain duration (through the National Monetisation Pipeline). The key question is how the government will repay this investment that the private companies have...
Disinvestment entails the government selling an asset, in part or full. By the term āmonetizationā the government is claiming to retain ownership while offering the asset to private players for investment and operationalization. The...
The Indian stock market is booming. The share price index is repeatedly breaking records. Investors are very happy with this. Around 30 stocks have given 100 per cent returns since February 2021. The enthusiasm...
RBI vide its June 14, 2021 press release has issued a 30 page āConsultative Document on Regulation of Microfinanceā (henceforth āDocumentā) seeking comments from public at large.Ā
The banking sector has definitely come a long way since nationalisation, we still are many miles behind in our target of achieving a fully inclusive banking system. Do we have a banking system where...
In the aftermath of Andhra Pradesh microfinance crisis, erupted in 2010, RBI appointed a committee under the chairmanship of Shri Y H Malegam to study issues and concerns of the Microfinance Sector.Ā Non Banking...
Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the underlying problem of corporate bad loans. After 5 years, we can see...