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RBI

Rahul Gandhi lies in a Gujarat election rally, second time in two days

The Congress scion needs help, badly, with facts and knowledge.

Are the recent GDP numbers really as bad as they are being made out to be?

The quarterly GDP growth has come down to a 3 year low of 5.7% in Q1 2017-18 but it may not be a huge cause of concern

Big loan defaulters could soon be facing music as RBI plans to use insolvency laws

Reserve Bank of India is planning to use insolvency laws against the big loans defaulters.

RBI identifies 12 accounts responsible for 25% of bad loans

Defaulters have not been named, but banks will be asked to initiate insolvency proceedings to recover the dues.

Now you may keep your account number but change the bank, RBI moots bank account portability

If the idea is made operational in India, this will be the first of its kind in the entire world.

Cabinet approves ordinance that gives teeth to RBI to recover bad loans

The move will empower the central bank to act on behalf of other banks against wilful defaulters.

Why Congress blaming Modi government for attacking RBI’s autonomy is hypocritical

The UPA government had done much more to harm RBI’s autonomy than anything BJP government has done.

Islamic Banking idea by RBI is a step backwards towards Sharia law

While it may appear that the idea will help in financial inclusion of Muslims, it’s a regressive step.

A snapshot of Rajan’s performance as RBI governor

Raghuram Rajan could have continued on the back of his good work

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