RBI

By: Himadri Bhattacharya
Category: Common citizen, Governance, Taxes, Global, Union Budget, RBI, India politics, Indian economy
The dividend pay-out of Rs. 1,75,987 crore from the RBI to the government for 2018-19 follows a paradigm shift in the way RBI’s requirement of economic capital is viewed, calculated and supplied as also an accounting rule tweaking to ensure higher income from forex transactions. To understand the... read more
By: Devidas Tuljapurkar
Category: Common citizen, Sustainability, Taxes, Global, Union Budget, RBI, Jobs, India politics, Indian economy
Over the last several years, Public Sector Banks (PSBs) have been struggling hard to come to grips with mounting Non-Performing Assets (NPAs). Now, PSBs are struggling at the core of their business, which is credit offtake. On NPAs, the government claims that with the Insolvency & Bankruptcy... read more
By: Ranjit K Pattnaik, By: Jagdish Rattanani
Category: Common citizen, Governance, Global, Union Budget, RBI, Jobs, India politics, Indian economy
This is going to be a merger like none other. We had 27 public sector banks (PSBs) in 2017. We have seen two mergers already in recent times – Vijaya Bank and Dena Bank merged into Bank of Baroda (BoB) in April, and the State Bank of India absorbed five of its associates and the Bharatiya Mahila... read more
By: Ajit Ranade
Category: Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy, GST
If many car factories find themselves running idle, or with surplus inventory it could be because there was over-investment in the sector. Owing to a rosy outlook and perhaps excessive exuberance a few years ago, many independent car companies decided to invest in new capacities, to take advantage... read more
By: Ranjit K Pattnaik
Category: Common citizen, Governance, Global, RBI, Jobs, India politics, Indian economy
There has been an animated debate since August 26, 2019 on the decision of the Reserve Bank of India (RBI) to transfer its surplus under section 47 of The RBI Act, 1934. The amount is Rs. 1,75,987 crores, which amounts to around 0.8 per cent of GDP. Such a transfer is unprecedented in RBI history.... read more
By: Ranjit K Pattnaik
Category: Common citizen, Governance, Taxes, Global, Union Budget, RBI, India politics, Indian economy
The MPC has many reasons for which it has offered a rate cut. First, observed inflation and inflation outlook measured in terms of Consumer Price Index Combined (which means Rural and Urban combined, abbreviated as CPI-C) continues to remain benign and is projected to be within the target of an... read more
By: Himadri Bhattacharya
Category: Common citizen, Governance, Taxes, China-India, Global, RBI, India politics, Indian economy
That the Monetary Policy Committee will reduce the policy rate for a fourth time in a row was in no doubt. Most expected a cut by 25 basis points, although there were a few who hoped for a more aggressive decrease by 50 basis points. The actual outcome was a cut in the rate by 35 basis points, to 5... read more
By: Ajit Ranade
Category: Common citizen, Governance, Taxes, Global, Union Budget, RBI, Jobs, India politics, Indian economy
The title of this column is actually a very fertile and active area of research in the economics and finance academic professions. The question refers not just to ownership by the government vis-a-vis the private sector, but also between private, domestic and foreign owners. Do banks perform... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Sustainability, Taxes, Global, Union Budget, RBI, India politics, Indian economy
India’s vast, mostly unregulated and fast-growing shadow banking sector is in the midst of a crisis. This is a fire that threatens to engulf much more than the sector in which it has started and carries the potential to burn down important segments of the Indian economy. The government is... read more
By: Ranjit K Pattnaik
Category: Common citizen, Taxes, Global, Union Budget, RBI, Jobs, India politics, Indian economy
The Union Finance Minister in her maiden budget speech on July 05, 2019 has made a significant announcement in paragraph 103 that reads: “India’s sovereign external debt to GDP is among the lowest globally at less than 5%.The Government would start raising a part of its gross borrowing programme in... read more

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