Stakes high as leaders prepare for COP 26
The stakes are stratospherically high ahead of the 26th United Nations Climate Change Conference of the Parties, or COP 26, which opens in Glasgow on Sunday.
Source: chinadaily.com.cn
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Why Corporate Houses Should Not be Allowed to Promote Banks: A Reading List
Why Corporate Houses Should Not be Allowed to Promote Banks: A Reading List The new proposal by an RBI Internal Working Group to allow large corporate/industrial houses to float banks poses various risks for the banking sector. In November 2020, the Reserve Bank of India (RBI) released a report of its Internal Working Group, which recommended that large corporate/industrial houses be permitted to promote banks, subject to necessary regulatory amendments. In a similar vein, it recommended that well-run non-banking financial companies (NBFCs), including those owned by corporate houses, be cons...
Source: epw.in