If technology is not updated in financial sector, international trade would be a distant dream. The deregulation of the banking industry coupled with the emergence of new technologies has enabled new competitors to enter the financial services market quickly and efficiently. The need of the hour is...
In the aftermath of the crisis in the non-banking financial sector, many non-banking financial companies have focussed their attention to the retail sector and are re-balancing their wholesale debt exposures. Indian banks, who have recovered some of their non-performing loans thanks to the Insolve...
This type of digital currency is promulgated by the “central bank of any country”, which is associated with the national currency. The same would apply to India's “digital rupee”, which will be supported by RBI, the country's central bank. At present more than a hundred countries ...
The mutual fund organizations are taking active part in financial inclusiveness and they are promoting investment habit among the investors. At present there are 37 Asset Management Companies (AMCs) comprise the mutual fund industry and manage assets ove
Spotless Reputation of Crypto Platforms The competition in the crypto and blockchain market is growing stiffer by the minute, and any up-and-coming or established cryptocurrency exchange needs to constantly work on attracting and retaining customers. Robust KYC measures in place enhance the security ...
s Holy Trinity 3.1 3.2 3.3 4 5 Floating Exchange Rate Free Capital Flow Limited Independence of Monetary Policy 3 3 4 4 4 4 4 5 5 5 6 Distinctive Characteristics Financial Structure 5.1 Central bank — Reserve Bank of India (RBI) 5.1.1 Background 5.1.2 Function and Roles 5.2 Commercial...
Private Participation in Infrastructure Database (2018) World Bank’s PPI database. Retrieved March 13, 2018, from https://ppi.worldbank.org/snapshots/country/india RBI (2015) Corporate bond markets in India: a framework for further action, Speech by Shri Harun R. Khan, Deputy Governor, 27...
Why do banks take actions that result in the creation of money and growth in the money supply? Define free banking and describe the characteristics of a free banking system. Define : - Financial Market - Banking What is the process of the monetary policy of RBI...
if any buyer failed to pay amount of such invoice then 25 December 2018CA Pratik Bhavsar As it is governed by a RBI regulation and Payment & Settlement Systems Act, 2007, the chances are very remote. 25 December 2018Gaurav Rawat Good article ...
In the process, the RBI has gained reputational bonus and public credibility. Fourth, thanks to related developments in the last 15 years, financial and external sectors in India have also become relatively more efficient and resilient. Fifth, while the effectiveness of monetary policy has improved...