RBI
India reports higher GDP despite downbeat speculations
March 3, 2017
Economists are bewildered as India reports a growth of 7 pc in annual gross domestic product (GDP) during the last quarter of 2016, despite a major cash crackdown.
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India – a soft target of increasing financial cyber attacks
January 18, 2017
Global Internet security giant, Kaspersky Lab reports an alarming study on the increasing threat of financial cyber attacks. As the global figures rose to 22.49, India recovering from the wake of demonetisation remains under the radar as well.
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Demonetisation hitting hard on Indian microfinance sector
December 23, 2016
Demonetisation has affected the debit-credit culture of the entire nation. Urban and rural poor of India are both suffering the heat, but in their own ways.
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India moves towards a digital economy post demonetisation
December 2, 2016
India is witnessing a surge in digital payment, backed by government reforms and initiatives after high-denomination currency notes were discontinued in early November.
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Demonetisation: Soiled currency bills to the rescue!
November 25, 2016
When was the last time you tried to avoid a soiled currency note or made faces when somebody tried to short-change your money with soiled notes? When was the last time people refused soiled notes that you tried to desperately get rid of? You might want to rethink now.
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India debates on abolition of old high currency notes
November 10, 2016
The announcement of vacuum-cleaning 500 and 1000 Rupee bills by Indian Prime Minister Narendra Modi sent ripples across the country; the decision evidently aims to curb black money, corruption, peddling of fake currencies and the sovereignty of India coming under anti-nationalist...
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Home loan rates slashed to a six year low by SBI
November 2, 2016
As part of a festive scheme and general interest rate reduction, the State Bank of India (SBI) has announced home loan rates at 9.10 pc for women and 9.15 pc for others, making it the lowest rate in six years.
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RBI Governor announces repo rate cut in India
October 7, 2016
In a surprising announcement, current RBI Governor Urjit Patel informed the country about RBI’s decision of slashing the repo rates. The announcement for a rate cut came as the first policy statement made by Urjit Patel since he took the position of the Governor of the R...
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New Reserve Bank of India governor Urjit Patel faces many challenges
August 25, 2016
#Urjit Patel who will become 24th #Governor of #Reserve Bank of India has more than half-a-dozen challenges before him. However Patel is neither new to Reserve Bank of India nor to the #Finance Ministry or to the political establishment unlike some of his predecessors.
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Raghuram Rajan presents his last monetary policy
August 8, 2016
Amidst the high expectations and a turbulent fiscal reaction in India in terms of rising inflation, Raghuram Rajan prepares to deliver his last monetary policy as the Governor of Reserve Bank of India (RBI) tomorrow. However, the government of India still manages to keep a secret...
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Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?
June 27, 2016
After a series of tirades launched by Dr Subramanian Swamy, BJP Rajya Sabha (Upper House) member recently against him, Raghuram Rajan, the Governor of Reserve Bank of India decided not to seek a second term in office.
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India becomes a $2 trillion dollars economy
June 1, 2016
The acceleration of growth in the 4th quarter – January-March, at 7.9% has powered the Indian economy that has crossed the symbolic mark of a 2 trillion dollars economy, at INR exchange rate of around 67 dollars. On the whole, in 2015-2016, India grew at 7.6%, boosted by th...
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