Corporate ownership of banks is not the way to Atmanirbhar Bharat
The experience of bank failures across the world throws light on the nexus between politicians, corporates and the bank higher-ups. The losers in all such cases are the depositors and the workers. December 17, 2020 9:23:42 pm
2021 Bank Holidays list: Banks remain closed on second and fourth Saturdays of every month.(Representational)
It was not without reason that the Reserve Bank of India is called the bank of banks. Its policies and regulations have an indisputable impact on the country’s fiscal stability. When political priorities, populist compulsions or demands of cronyism pushed the government to divert from its often-proclaimed goal of economic stability, the RBI has felt compelled to intervene. Many times, it has suggested corrective measures. There have been times when the government of the day was at loggerheads with the RBI on matters related to the health of the ban
Budget 2021: D-St performance under Modi govt; how Sensex moved in last 7 Budget years
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Best of BS Opinion: India s response to Covid, state of economy, and more
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Experts urge caution on low interest rates, warn of liquidity crisis
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