Krishnamurthy Subramanian's comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee headed by t
Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them
Experts think the interest rate cycle might be bottoming out
RBI had placed IDBI Bank under PCA framework in May 2017, after it had breached the thresholds for capital adequacy, asset quality (net NPAs was over
Regulatory bodies like RBI and Sebi do not have any legal framework to directly regulate cryptocurrencies
The decision was taken after a review of the current liquidity and financial conditions, the RBI said
As PhonePe, Google Pay and Paytm sprint ahead and conquer 94% of the UPI-led retail digital payment market, India’s leading banks struggle to catch
Experts say CBDC is widely meant to be used as a new payment technology for lowering costs and increasing efficiency
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen
Digital payments in India grow faster as economy gets back on the growth curve but the pandemic refuses to relent