PMC Bank cannot create systemic instability but the triumvirate of banks/UCBs, shadow banks and realty firms can play havoc with the Indian financial system
Job seekers with expertise in artificial intelligence, machine learning, and data science are among the most in-demand candidates in finance
The stunted development is rooted in structural issues with the economy and not the structure of markets
"It is necessary to have An effective interaction between the government and the RBI in the interests of the economy and the overall financial sector"
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
As much as 80 per cent of global flows of merchandise -- worth about $9 trillion -- is financed by some form of credit, guarantee or insurance, according to a global survey
While 2018 was marked by scams, regulatory crackdowns and the RBI-Centre spat, the likelihood of some PSU banks coming out of the PCA framework could boost credit growth in 2019
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
The task force has recommended an initial budget of about Rs 100 crore to operationalise the FRA