The position of the Governor of the Reserve Bank of India (RBI) is one of the most prestigious and significant roles in the country. The RBI acts as the banker to the government, holding the sole authority to print currency and provide loans to the Government of ...
RBI acts as a banker and debt manager to central government and state governments and also plays the crucial role of banker to the banks. In addition to its traditional central banking functions, the Reserve Bank performs certain non- monetary functions of the nature of supervision of banks and...
In brief: • RBI is the central bank of the country whereas SBI is the country’s oldest and largest bank • RBI sets forth financial policies that SBI follows • RBI is the banker to the government and SBI while SBI is the banker to the citizens of the country....
“Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has b...
3. The US-based Global Finance magazine has ranked RBI Governor Shaktikanta Das as the top central banker. This is the second consecutive year that he has been ranked as the top central banker globally. Governor Shaktikanta Das received the award for A+ grade in the Central Bank Report Card...
5. IDBI Capital, BOB Capital and SBI Capital has been appointed to manage the IPO of IREDA. IDBI Capital is the lead banker for the initial public offer (IPO) of the Indian Renewable Energy Development Agency (IREDA). Saraf and Partners has been selected as the legal adviser for the IPO...
U.S. Monetary Policy: Why is buying bonds by Federal Reserve equivalent to money printing? Suppose a nation has a pegged exchange-rate system and you are the nation's chief central banker. Explain what policy actions you would take to maintain the exchange-rate regime under the following ci...
ICC appoints RBI banker as chair of task force.The International Chamber of Commerce (ICC) has appointed a new chairperson for the ICC Task Force on Guarantees. [ FROM AUTHOR]EBSCO_bspTrade Finance
This paper critically analyses RBI"s actions in the recent past to argue if it has taken its role as government's investment banker too seriously pushing the role of monetary policy management to the backseat. The debt monetization issue is also critically analyzed to ascertain whether the open...
FM has fixed this limit for cases to be brought in. This has been done to expedite arbitration procedure to resolve commercial dispute involving government or Public Sector Enterprise (PSE) as one party. Finance Ministry (FM) has also said that arbitration clause should not be included in large...