Of the many reforms that Dr Singh led as FM and PM, the transformation of India's securities markets stands out
Shaktikanta Das, governor of RBI and the chair of the Monetary Policy Committee (MPC), will complete his six-year term in December 2024. Das, who was first appointed in December 2018 for three years
Governance in the banking system needs to be improved
According to reports, Finance Secretary will be putting up a dissent note in Jalan committee report and he is not going to be the first one to put in a dissent note in a financial sector report
With reference to "Changing the lending landscape" (August 29), without doubt, several financial sector reforms, structural and in relation to savings instruments and resources management, initiated in recent years by the Reserve Bank of India (RBI) will have long-term positive impact on India's economic growth. The inadequacy of dialogue between the government of India and the RBI and the resultant weaknesses in the measures initiated by the latter will remain an issue for pondering even after Raghuram Rajan leaves Mint Road.A wholesale revamp of bulk borrowing by both government and corporates and funds management by private and public sector organisations is overdue. The sector-specific or instrument-specific approach to funds management is doing more harm than good to the markets affected.To restore trust and reduce the damage already done by creating uncertainties in regard to public debt management and funds management by organisations like the Employees' Provident Fund Organisat