Has Rajan’s tenure been a game changer for Indian Economy?

The recent policy review under RBI Governor Raghuram Rajan was noteworthy not for any big-bang surprises with regards to the policy rates but for being the last one of his term as the governor. Marked by a

India’s inflation target set at 4% till 2021

Supporting the inflation-fighting policies championed by the outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan, the government has fixed India’s annual inflation target at 4 per cent for the next five years. The NDA government has

India’s services sector activity loses steam

Service sector activity in India witnessed a cooling of growth momentum in the month of June 2016 amidst a weaker than expected rise in new business, raising fears over a renewed slowdown in Asia’s third biggest economy,

India in a sweet spot for investors among EMs

Even as the global economic recovery takes a major hit owing to the Brexit, the Indian economy remains the best bet for the investors among the emerging markets. According to the Reserve Bank of India’s (RBI) financial

Can RBI’s new debt restructuring scheme bring an end to bad loan woes?

With the rising bad loans attracting a lot of attention, the Reserve Bank of India (RBI) has given banks another rope to save their large corporate borrowers by introducing a new Strategic Debt Restructuring scheme. The jury

RBI holds onto its clippers for now; keeps rates unchanged

Owing to the recent upsurge in inflation, the Reserve Bank of India has pressed a pause button on rate cuts in its second bi-monthly monetary policy review on June 7, 2016, as it is keeping a close watch on the progress

Can India’s banking sector tackle ballooning NPAs?

With mounting bad loans being in great focus recently, there has been a sharp upsurge in the quantum of NPAs reported by banks. This is not only affecting their balance sheets, but having some repercussions on the

On-tap banking license: A new reform in banking industry 

Rolling out the red carpet for private sector players into the banking industry, the Reserve Bank of India (RBI) has proposed granting on-tap universal banking licenses to individuals, groups or entities and companies that will pave the way