Prime Minister Narendra Modi made a big announcement which cheered investors and economists but soon people started questioning about the details.
Indian Banks, both private and public sector, aren’t lending to small businesses and individuals as they used to do in the past.
Indian government is seriously considering the idea of creating a ‘Bad Bank’ in order to resolve Indian banking sector’s NPA crisis.
Indian government has a tough task of boosting economy once the coronavirus pandemic is under control.
RBI has announced some important steps to help Indian economy after massive blow to manufacturing and economic activity.
RBI has announced policy decision in order to improve liquidity and to help the banking & financial services sector.