The RBI has asked banks to consider deposit accumulated during the demonetization period as incremental Cash Reserve Ratio. This means that banks can’t lend...
The Cabinet is preparing a disclosure scheme for unaccounted deposits stored with banks after the launch of demonetization. As per this scheme, people with...
Banks in Switzerland have officially came out of banking secrecy regimes. Now, they have to give bank account information about Indian residents automatically to...
India is in a soul-searching debate about the effectiveness and consequences of PM Modi’s demonetization war on black money. The debate is started and...
Crumpling demand and expenditure, slowing investment all indicate that the economy is in a sudden stop which may bring down economic growth to below...