National Asset Reconstruction Company (NARCL)
Banking
RuPay Prepaid Forex Cards
RBI has permitted banks to issue RuPay Prepaid Forex cards, as part of its announcements under the bi-monthly monetary policy review.
RBI on Green Deposits- Highlights, Significance & Challenges
The Reserve Bank of India has come up with a regulatory framework for green deposits. While the government has previously experimented with the sovere…
Framework for Green Deposits- Background, Highlights & Significance
In April, RBI released the framework to regulate green deposit schemes of financial institutions. This move gains significance in view of the recent e…
IMF Bailout- Working, Pros & Cons
6 months after Sri Lanka qualified for an IMF bailout, the institution’s Executive Board recently signed off on the $3 billion arrangement. This com…
Credit Suisse Collapse- Why are Banks Collapsing?
Recently, the Swiss government and regulators brokered a distress sale of the country’s 2nd largest bank, Credit Suisse, to the UBS. This overnight …
Silicon Valley Bank Issue- Recent Developments, Reasons & Significance
The recent collapse of the Silicon Valley Bank has sent shockwaves, not only in the USA, but across the world.
Demonetisation – A Success or a Failure?
The government under the prime ministership of Narendra Modi on November 8, 2016, had announced that the largest denomination of Rs 500 and Rs 1000 we…
