The proposed Indian Financial Code by the FSLRC had suggested reviewing the roles of the various financial sector regulators.
The target for lending to the agriculture sector has been retained at 18 per cent of ANBC.
For the budget to succeed, government needs to build institutional capacity to carry through proposed public investment, step up divestment.
The central bank will have to commit to keeping inflation below 6 per cent.
The decision to cap free ATM transactions has been challenged in Delhi High Court, Jaitley said.
Observing that democratic accountability is very strong in India, Rajan says ‘we may have a long way to go’.
Banks readily borrow from RBI at the policy rate but then lend that money out at a high rate…
The CBI is currently probing a multi-crore chit-fund scam in the state.
Last month, the ED had summoned PIA to “explain” the purchase of the properties and submit documents pertaining to the case.
Forex reserves have been steadily rising over the last one year on the back of aggressive dollar purchases by the RBI from the market.
RBI has asked for a modification of a 2014 order that allowed Sahara to alienate securities and assets of its group companies.
The bench agreed with Nephrade that the CBI was concentrating on Saradha scams.
Current growth estimates only make things more confusing for policymakers. CSO must step in, clarify
Prior to Modi’s election in May, the economy had endured its weakest phase of growth since the mid-1980s.
How much we make will depend on the interest rate, how much is exported will depend on the exchange rate.