E-PaperRbi Powers News
Opinion | Undercutting the RBI will not end well
No institution is perfect and the RBI is not an exception. But it is also true that it has been instrumental in staving off systemic contagion on numerous occasions and has earned the respect of global central banks for its technical expertise
4 min read29 Oct 2018FinMin unlikely to heed RBI’s demand for greater power over PSU banks
After the govt criticised RBI for its failure to detect the PNB fraud, RBI requested the govt to stop issuing regulatory instructions applicable only to public sector banks, given that dual regulation is discriminatory
1 min read13 Aug 2018RBI has wide-ranging powers to regulate public sector banks, says govt
The government's statement counters RBI's stance that it lacks powers to regulate PSU banks, including dismissing banks boards and the management
2 min read24 Jul 2018Questions raised by the NPA ordinance
The NPA ordinance to Banking Regulation Act does nothing to remove the constraints that banks face while taking commercial decisions on their loan accounts
5 min read9 May 2017Popular Topics
Budget
The 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