Tag: financial sector

Moment of Reckoning

In post-Covid times, the Fed embarked on a most aggressive and irresponsible monetary policy of hiking interest rates, leading to predictable financial instability all over. All other countries including India have been blindly following its prescriptions even when interest rate hikes were clearly failing to arrest inflation

March 29, 2023

Regulation should not constrain innovation in fintech space: RBI guv

The governor also said that maintaining banking sector health with a strong capital base and ethics-driven governance remains a policy priority.

March 25, 2021

India needs urgent ambitious structural, financial sector reform measures says IMF

Last month the International Monetary Fund lowered India’s economic growth estimate for the current fiscal to 4.8 percent.

February 14, 2020

Government banks on ETFs to sail through tough disinvestment target

The NFOs and FFOs of these ETFs had received huge response from all categories of investors.

June 30, 2019

Nasscom optimistic about FY19;sees green shoots, demand uptick

Industry body Nasscom is expecting the USD 150-billion Indian IT industry to deliver a strong performance next fiscal on revival in tech spends of the financial sector and demand growth from the US clients. “There are reasons to be optimistic about the year ahead (2018-19). We continue to see that there are green shoots… The...

September 24, 2017

Bill to address bankruptcy in financial sector this session: Das

In order to address the bankruptcy issue in the financial sector, government is likely to introduce a Bill for resolution of insolvent financial firms during the current session of Parliament. "The Bill relating to resolution of mechanism in relation to stressed assets of financial firms is going to be introduced in the second leg of...

February 4, 2017