RBI has recently unveiled the reconstruction plan for YES bank on Friday, it proposes a 49% shareholding of Investor bank, and also reconstituted the authorized capital to 5000 crores. SBI has already expressed its desire to Invest in Yes bank. This news is related to the topic Indian economy of GS 3. The need for better regulatory oversight of banks by RBI can be important for mains.
Relevance: Economic nationalism is one of the byproducts of the ongoing pandemic across the world. Almost all the world leaders have suddenly become vocal for their local produced goods. In India, while this was a [Read More]
With the number of infections are soaring everyday and inroads being made in finding a definitive treatment for the COVID-19, re-purposed medicines have come to the spotlight. Approved or investigational drugs that are outside the [Read More]
This editorial discuses about the recent decision by the Government of India regarding GST. This news is related to the topic Indian economy of GS 3.
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