RBI’s Financial Stability Report warns that financial institutions in India are under severe strain in the background of declining asset quality. The Report analyses...
The RBI’s third bimonthly monetary policy statement has kept the policy rate unchanged. Despite the policy statement being a nonevent, the central bank has...
The draft Indian Financial Code (IFC) prepared by the Finance Ministry indicate that government is going to have the decisive power over monetary policy.
As...
Last few days are witnessing the government and the RBI exchanging pleasantries. First, the government has made a budget announcement for ratifying the...