This news explains in detail about YES bank crisis. This news is related to the topic Indian Economy of GS 3. This news is important for both mains and prelims.
The article highlights how GST has made the states of India dependent on the Centre. It also shows that due to the lack of revenue and the burden of beefing up COVID-19 medical infrastructure, it ultimately made the states desperate to generate revenue in this slowdown… [Read More]
The RBI has opened a window for dollar sell and buy swap to infuse liquidity and in the market, this move was triggered by the current turbulence experienced by the global market. Details about Currency [Read More]
An industry body has commented that the RBI’s move in a restructuring of advances for MSMEs may fail to achieve its intended objective in supporting the MSMEs while avoiding the increase of NPAs in the [Read More]
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