RBI

RBI imposes Rs 2 cr fine on Deutsche Bank AG

The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2 crore on Deutsche Bank AG for non-compliance with certain directions issued by the central bank. An…


cooperative bank

Bharat’s foreign exchange reserves rises by over $4 bn

Bharat’s foreign exchange reserves rose by $4.483 billion during the week ended January 1. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $585.324 billion…





Fiscal and Monetary Policies at X-Roads

While some leaders, particularly the politicians cutting across party lines, have been advocating that RBI should monetize the fiscal deficit of the government in order to pump in more liquidity…


Will RTI Act become a Toothless Tiger?

RTI Act was passed in the year 2005. Consequent to this, the citizens of the country have been vested with the power to obtain any information related to governance and…




economy-rbi

Prompt Corrective Action Vs Politically Correct Action

Bharat’s banking sector is now getting into vicious cycle of NPA-led dip in bank profitability- weaker bank balance sheets- decline in incremental bank credit. This is not an overnight phenomenon…