LATEST ARTICLES

RBI’s Revised Framework for the Resolution of Stressed Assets

By the beginning of 2018, there are high incidence of provisioning, quarterly losses reported by banks etc. in the country because of a new...

What is Donald Trump’s (US-China) trade war?

What is a trade war?Trade war is a situation where countries restricts each other’s’ trade by imposing tariff or quota on imports. Retaliatory steps...

What is Standing Deposit Facility (SDF)?

The Standing Deposit Facility, proposed to be introduced by the RBI, is a collateral free liquidity absorption mechanism that aims to absorb liquidity from...

Fighting NPAs, SBI reports its biggest quarterly loss

India’s largest banker - State Bank of India reported its biggest-ever quarterly loss amidst intensified efforts fighting the NPAs. The bank’s loss comes as...

When oil returns to the boiling days…

The happy days of lower crude prices are seeming to be over for India; at least for the medium term. Crude producing countries are...

What is Central Road and Infrastructure Fund (CRIF)?

Over the last one and a half decade, the Central Road Fund (CRF) was a major revenue for the government to finance ambitious road...

US and China to mute their trade war instincts

World’s largest economies – the US and China have reached in a solution to withdraw from their trade war endeavor. According to the US...

Geopolitics and Trump makes crude producers happy

After a gap of nearly three and a half years, Brent oil crossed $80/barrel; bringing back celebration time for the OPEC and other oil...

What is the new Classification of MSMEs?

How MSMEs are classified?The government has given a new turnover based classification of MSMEs in February 2018. As per this new classification, the MSMEs...

What is Banking Ombudsman Scheme?

The Banking Ombudsman Scheme was implemented by the RBI to redress the complaints of customers on certain types of banking services provided by banks...