RBI Warns Banks over High Lending to Retail Sectors and Diversify Loans to Industrial Sector

Report Released by RBI cited that Banks focusing only on retail loans rather than Industrial Loans.…

Government Unlikely to Support Capital Infusion for Public Sector Banks for Budget 2020

The government is unlikely to support capital infusions for Public sector banks in Budget 2020 due…

RBI’s Banking in India Report Shows How India’s NPA Crisis Compares to Other Emerging Economies

RBI's report on performance of the banking sector in India and in 2018-19 showed how India’s…

NPA Crisis: Reforms the Way Forward for Banking Sector in India

NPA taking a toll on banking sector in India and reforms the only way to tackle…

RBI’s Operation Twist in Line of Japan and USA Monetary Policy

RBI decided to adopt Operation Twist after concerns on the current financial conditions of India. Policy…

Small Traders not Accepting Rupees 2000 Notes amid False Demonetization Rumour

Small traders are not accepting Rupees 2000 notes amid false demonetization rumors after comments on people…

Taxation Law Bill Introduced by Nirmala Sitharaman in Lok Sabha Amid Disorder

International Financial Services Centres Authority Bill and The Taxation Law (Amendment) Bill introduced in Lok Sabha…

High Possibility of RBI rate Cut after Inflation Concern

RBI rate cut a high possibility this year as CPI reached a 16 month high at…

2000 Rupee Notes Form Major Unaccounted Cash: Nirmala Sitharaman, Hinting for Another Demonetization?

Nirmala Sitharaman revealed that Rupee 2000 notes form major unaccounted cash. demonetization did not work to…

External Debt set to Rise Further from USD 557.4 Billion

India's external debt increased by USD 14.1 billion to USD 557.4 billion at the end of…