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RBI Allows Banks to Raise Masala Bonds to Augment Their Capital
Reserve Bank of India, as part of a broader plan to develop the corporate bond markets, has allowed banks to raise rupee…
Finance and Law
BSE & NSE International Exchanges Start Operations at GIFT City
Gujarat International Finance Tec-City (GIFT), a global financial hub, has recently opened for business as India’s International Financial Service Centre (IFSC). IFSC…
Bitcoin Gain Currency with Demonetisation of High Denomination Notes
Bitcoin the cryptocurrency has reportedly hit highest levels, trading at a two-year high of $788.49 or Rs. 53,210 per bitcoin, the price had…
New Development Bank will reduce costs & share knowledge
The New Development Bank (NDB), formerly known as the BRICS Development Bank, is rapidly emerging as a key player in global finance.…
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Monetary Policy Committee to Maintain Price Stability with Growth
Monetary Policy Committee (MPC) has been set up, consequent to the the Monetary Policy Framework Agreement signed on 20 February 2015 between Government of…
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India to be a Safe and Secure Cashless Economy with Aadhaar Enabled Payments
Government’s Digital India Push Gains Momentum with Aadhaar-Enabled Transactions In a bold move towards transforming India into a cashless economy, the government…
Demonetisation to hamper growth in the short term with challenges in implementation
In a bold move to combat the shadow economy, the Government of India demonetized Rs. 500 and Rs. 1,000 notes in November…
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Demonetisation to consolidate government finances and ride the tide of cashless payments & digital economy
Prime Minister Narendra Modi’s sudden announcement to demonetize Rs. 500 and Rs. 1,000 currency notes with effect from midnight of November 08-09, 2016,…
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Transfer Policy for Female Employees in Public Sector Banks
Public Sector Banks (PSBs) in India boast a commendable workforce, and the ratio of women to men employees in these banks is…
SIDBI Role in MUDRA
Small Industries and Development Bank of India (SIDBI) was established in 1990 with the main objective of promoting and financing micro, small,…