Narasimham (1927-2021) was the only governor of the Reserve Bank of India to have risen to the position from the central bank’s ranks. He had an illustrious career but is most recognized for the role he played in liberalizing India’s banking and financial system.
4 min read21 Apr 2021Stress tests conducted by the central bank show that bad loans will continue to increase in the current financial year while capital adequacy will decline
4 min read3 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared