Commercial banks need to respond to the monetary policy changes quickly by making necessary changes at their end. Read more »
The RBI kept itself ahead of the curve by going the whole hog and thereby keeping its promise to do “whatever it takes”. Read more »
Reserve Bank of India monetary policy committee’s focus has shifted from inflation targeting on financial stability. Read more »
The government and the RBI have taken some useful steps, but the situation warrants bolder measures like the ones initiated by the US and UK, says Dr Charan Singh. Read more »
Targeted schemes for households, corporates, MSMEs and financial sector can keep the Indian economy afloat, says Dr Charan Singh. Read more »
The episode highlights a severe lapse in banking regulation that allowed Rana Kapoor to sell his entire stake in the bank that was facing a crisis. Read more »
The Yes Bank imbroglio has been partially resolved, but the story may have just begun, says S Krishnakumar. Read more »
Sectoral relaxation to MSMEs may not work, financial literacy about schemes will. Read more »
The economy grew 5.1% in the first nine months of the financial year 2019-20, compared with 6.3% in the same period last year. Read more »
The wholesale inflation breached the Reserve Bank of India's comfort level of 6% for the second month running. Read more »