What is UPI Lite?
UPI lite is an on-device wallet available within the UPI, aimed to facilitate low value transactions without using PIN/password. Aim of...
The Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) is an International Financial Services Centre (IFSC) created to serve as a financial...
Economics is full of fundamental principles and laws that help to understand the rationale behind economic activities. One such important theorem is the Law...
The ‘Miniratna’ is a status given by the central government to select Public Sector Enterprises, that have attained better performance and strength and the...
Local Currency Settlement of international transactions is going through a boom phase now. China started the trend of Local Currency Settlement System (LCSS) in...
The Reserve Bank of India has designed a very effective liquidity management system under the Liquidity Adjustment Facility (LAF). The LAF, launched in June...
Monetary policy is the defining function of central banks. Historically, central banking is identified with the function of designing and implementing monetary policy. In...
The commercial banking system is the core of India’s financial system as the financial sector of the country is bank dominated. Though cooperative banks...
The Reserve Bank, as the central bank of the country has been performing multidimensional functions covering monetary policy, financial regulation and supervision, development of...
