Reserve Bank of India

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...

Controversial RBI Governor Shaktikanta Das in a soup again for issuing a "fatwa" to collect the principal as well as interest for renewing Kisan Credit Cards

Economy

Subramanian Swamy slams RBI Governor for trying to sabotage the renewal...

Team PGurus - May 16, 2020 18

Senior Bhartiya Janata Party (BJP) leader Subramanian Swamy on Saturday slammed the Reserve Bank of India (RBI) Governor Shaktikanta Das for trying to sabotage...

The economic impact of the pandemic is far greater than anything we have seen recently including the global financial crisis.

Economics

Economic escape velocity from a pandemic

Seshadri Shankar - April 29, 2020 2

India’s GDP will Drop Even before the pandemic, India’s GDP growth rate was on the decline. This is even as per the Government of India...

The GOI needs a blank cheque now to get over the crisis and to fund the fiscal side of the war. A cheque that RBI alone is in a position to write.

Opinion

Funding Corona War

Vijay Koranki - April 23, 2020 1

This is a war and wartime economics applies, not peacetime economics. This is wartime, normal rules do not apply, wartime rules do. How to fund...

The government has done well to open these sectors from April 20 with a rider that continuance on activities in these fields will depend on the stakeholders following basic norms of social distancing and general hygiene.

Business

Welcome relaxations to save livelihood

Rajesh Singh - April 15, 2020 0

There has been a commendable level of interaction and cooperation between the States and the Union Government on battling COVID-19 The Modi government has sought...

Economy

How is Indian Economy Doing?

Sudip Bhattacharyya - December 23, 2019 1

Looking ahead, the economy should pick up steam in FY 2020, which starts in April 2020, due to accommodative fiscal and monetary policy. The economy...

Normally, the RBI initiates the action after regulatory supervision exposes wrongdoing and if it feels that the financials are weak for it to continue.

Banking

PMC Bank and the present status of operation and supervision of...

Sudip Bhattacharyya - November 11, 2019 0

PMC’s collapse is unlikely to impact financial markets or other private/public sector banks as co-operative banks have meagre dealings in money markets as they...

Videos

Are your deposits safe in the Banks? R Balakrishnan, an expert...

Sahil Mishra - October 13, 2019 1

The recovery is possible through increasing govt. spending urgently in all the affected sectors.

Economy

Some comments on the recent deceleration in Indian economy

Sudip Bhattacharyya - October 3, 2019 2

It is now generally accepted that the distress in the automobile, textile and diamond industry, thaw in the information technology sector and the declining...