On September 22, Finance Minister Nirmala Sitharaman pushed the Banking Regulation (Amendment) Bill, 2020 through Rajya Sabha, paving its way to becoming an Act after the president’s signature.
The ‘Public Police’ NGO was conceived and incorporated as a registered trust in New Delhi India by Rakesh Maheshwari, a senior Chartered Accountant and Deo Datta, a former senior IAS.
In late 2017, the common people of India were suddenly shocked to find that there was a distinct possibility that all their deposits in banks, especially public sector banks, could suddenly be locked out of their reach, consumed by the bank itself, if the bank fails or even flounders.
India’s economic environment has uncanny similarities with the Asian crisis which plunged stock markets and currencies across the region. Without bold action, it faces a similar situation
By Sanjiv...
Above: Union Finance Minister Nirmala Sitharaman with Reserve Bank of India Governor Shaktikanta Das (centre) at an RBI Board meeting, in New Delhi/Photo: UNI
RBI’s lowering of interest rates may n...
Above: Finance Minister Nirmala Sitharaman on the way to present her maiden budget/Above: UNI
The FM’s announcement that the budget deficit would be financed from international markets has created ...
Above: Standard & Poor’s, one of the largest CRAs in the world
The government wants to increase regulations on the credit rating agencies. This won’t prevent another IL&FS. It will only inc...
Above: Nirmala Sitharaman taking charge as finance minister. The government’s Economic Advisory Council has rebutted Arvind Subramanian’s claims on India’s GDP figures/Photo: PIB
The government is ...
Above: The recent lowering of repo rates by the RBI, the third consecutive rate drop this year, signals an economic slowdown/Photo: justdial.com
For a slowing economy, rate cuts will be beneficial...
Above: SEBI must be cautious in allowing dual-class shares’ listing in the stock market
Issuing different classes of shares with differential voting rights results in management being unaccountable...