Last week, the Reserve Bank of India (RBI) slapped a Rs1-crore penalty on the State Bank of India for delay in reporting fraud in one…
Month: October 2021
Why Reserve Bank Has SHOCKED Srei
It’s a fast and furious Reserve Bank of India (RBI). I am talking about the way the banking regulator is pushing for bankruptcy proceedings for two Kolkata-based…
Bank PRIVATISATION Is Far More Difficult Than CONSOLIDATION
India needs more banks to match the scale of the nation’s largest lender, the State Bank of India. Finance Minister Nirmala Sitharaman reiterated this last…
Reserve Bank Of India Prepares The Market For Return To Normalcy
To use a cliché, the three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), which ended on Friday, has…
Status Quo On Policy Stance But Liquidity Sugar Rush Should End
At its last meeting, the US Federal Reserve’s rate-setting body, the Federal Open Market Committee (FOMC), opted for status quo but made it clear that…