Budget 2014, as an eminent columnist said, was not a bang but not a whimper either. Finance Minister Arun Jaitley stressed on growth while he presented the Budget in the Lok Sabha this year. What......
The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to......
The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a......
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.''The Indian economy and financial sector are now well-placed and very resilient in dealing with......
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......