RBI | PGurus

The Indian economy was tottering even before the Covid pandemic struck the country and things have only become worse since then

Opinion

How to set the Indian economy on a growth path

R. Srinivasan - June 5, 2021 0

The GDP for Q4 Fiscal Year (FY) 21 has just been published by the government and registers a growth of 1.60% year-over-year (YoY) while the...

Another bank that the UPA-era government used as its cash machine is being put up for sale

Banking

Government approves sale of IDBI Bank. Rs.60,000 crore expected from sale...

Team PGurus - May 6, 2021 0

Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the sale of IDBI Bank (Industrial Development Bank of India) by divesting the Government...

Non-compliance to PSS Act by American Express, Diners Club invites the wrath of RBI

Banking

RBI restricts American Express, Diners Club from adding new customers from...

Team PGurus - April 23, 2021 0

RBI fixes American Express and Diners Club Cards for violating data storage norms in India The Reserve Bank of India (RBI) fixes American Express and Diners...

Swamy expresses his ire at Law Officers playing tricks in the apex court on denying his cases from coming up for hearing

Law and Order

Subramanian Swamy accuses Law Officers of playing tricks to delay listing...

Team PGurus - March 28, 2021 9

Swamy expressed displeasure on law officers for delay in listing in SC Registry BJP leader Subramanian Swamy on Sunday expressed displeasure on Government’s law officers...

A well-choreographed scam involving bank management, bank-staff, politicians, auditors. What role did RBI and RCS play?

Banking

Decoding Sri Guru Raghavendra Sahakara (SGRSBN) Bank Scam

Harish V. - March 2, 2021 32

Despite RBI conducting a biannual and annual inspection, it has been continuously overlooking egregious activity that is going in the bank for the reasons...

Economy

Budget 2021 : A Modest Proposal

Shanmuganathan Nagasundaram - February 5, 2021 0

One of the unintended benefits of following Austrian Economics is that I can take my own time to do the analysis of major economic events...

Swamy files a PIL in the Supreme Court, wants CBI inquiry into RBI officials on various Bank boards for sanctioning dubious loans

Fraud

Subramanian Swamy files petition in Supreme Court seeking CBI probe into...

Team PGurus - February 3, 2021 8

Swamy approached SC seeking probe against the RBI officials BJP leader Subramanian Swamy approached Supreme Court seeking probe against the Reserve Bank of India’s (RBI) officials...

India responds to China's Digital RMB to introduce its own crypto-currency

Technology

India to approve Crypto currencies like Bitcoin. Bill placed in Parliament...

Team PGurus - January 30, 2021 2

India to get its own digital currency India is going to legalise the crypto-currencies and it is expected that the Government of India (GOI) is...

Prashant Bhushan petitioned to various govt. agencies for registering a case against debt-ridden Anil Ambani

Business

Prashant Bhushan petitions to various agencies for registering case against Anil...

Team PGurus - January 28, 2021 6

Prashant Bhushan filed a petition to CBI, CVC, RBI, MEA and MoF Citing various public sector banks notices for huge debts, noted lawyer Prashant Bhushan...

The harsh truth of the NPA carried by India’s Banks thanks to UPA comes out

Economy

Indian Banks gross NPA may rise to 14.8 percent warns RBI....

Team PGurus - January 11, 2021 4

Alarming news for India’s Banking performance and its financials The Reserve Bank of India (RBI) on Monday came out with an alarming report that the...