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RBI's Monetary Policy Announcements

RBI's bi-monthly MPC meeting ahead of its scheduled one from June 3 to June 5, 2020, surprised the markets, the announcements by RBI...

Bad Bank Idea Resurfaces

The idea of bad bank was initially mooted in January 2017 when Economic Survey of India carried an idea of setting up a Public Sector...

Commercial Paper

Commercial Paper (CP) is an unsecured money market debt instrument, catering to the short term borrowing requirements of the Corporate....

Direct Tax Budget Proposals - An Analysis

Personal Income Tax: New slabs proposed are good for the taxpayers with little or hardly any investments in tax saving instruments or who...

Direct Tax Expectations-Budget 20-21

Direct Tax Expectations in the ensuing budget are as follows:- 1. Considering the ongoing inflation levels, though under control, basic...

RIL's Market Cap Reaches Rs 10 lakh Crore

Financials: Today i.e. on 28th November 2019 Reliance Industries Limited (RIL) becomes first listed company on Indian bourses to cross Rs...

Chit Funds in India

HISTORY: Chit funds history goes back to more than 1000 years in India. It started as an informal association of traders, farmers and...

Basel Accords

BASEL norms are nothing but an evolved system to protect public funds deposited with the Banks, which, in turn, lend it to the borrowers...

Passive Investing

In the developed countries, Mutual Fund (MF) Assets under Management (AUM) has raced past Bank deposits whereas the scenario in India is...

Deferred Tax Assets

Mid-year Corporate Tax downward revision has given rise to debate on Deferred Tax Assets (DTA) when Q2FY20 results are getting announced....

Offline and Online Payment Methods

Offline Payment Methods Offline payment indicates that funds are transferred at a later date. Offline methods don’t charge customers...

Payment and Settlement in India

The Payment and Settlement Systems in India for financial transactions are regulated and supervised by Reserve Bank of India through The...

Non-banking Financial Company (NBFC)

Basis activities performed by NBFCs, RBI has differentiated then into different categories irrespective of acceptance of deposit. The...

Booster Dose to Strengthen Economy

In an unprecedented move, GoI has slashed much awaited Corporate Tax rate for the large Corporate to 22% with the effective rate,...

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