Government securities, often known as G-secs, are debt instruments that the government issues to borrow money. It accepts the government’s debt obligation. These securities come in two varieties: short-term (sometimes referred to as “treasury bills,” [Read More]
Inflation has been a daunting issue for India since independence. Its harmful effects have been observed for various reasons, as for example, in the year 1974, the inflation rate was 28.6 % and the reason [Read More]
The lok shabha passed the Banking Regulation (amendment) bill, which will bring cooperative banks under the supervision of RBI, this step was taken for proper management and prevent corruption in cooperative banks , like that [Read More]
As per the RBI Governor Shaktikanta Das, while there is still room for further monetary policy action, the Committee on Monetary Policy (MPC) has chosen to wait and watch, while keeping the ‘arsenal’ dry and [Read More]
Since the spread of COVID-19 pandemic in the which not only burdened the medical infrastructure of the country, it also affected the countries economic wellbeing. Amid this, the RBI conducted its third review of the [Read More]
Recently the cabinet took a decision to bring an ordinance to bring Urban Cooperative Banks and Multi state cooperative banks under the direct supervision of RBI , Currently these banks are under the dual control [Read More]
In a move to improve governance in banks the RBI has proposed stronger boards and also stringent norms for chief executive officers and whole-time directors. These norms apply to private banks, foreign banks as well [Read More]
The major roles of RBI include management of monetary policy, inflation targeting and supervising all other banks. The scope of work of RBI is such that it has certain level of effect on the fiscal and other policies of the government. [Read More]
While replying to a petition filed in SC challenging the charging of interest rate on loans even during the three-month moratorium period declared amid the COVID-19 pandemic and lockdown, the RBI has said the the [Read More]
The Indian banking sector is under stress for a long time. Every year one or the other bank is in the news because it hid its problems. And with this every year RBI comes out with a plan to save the banking sector. [Read More]
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