Banking in India

August 13, 2014

Islamic Banking

In November 2016, the Reserve Bank of India (RBI) has proposed the opening of Islamic window in conventional banks for gradual introduction of Sharia-compliant or interest-free banking in the

August 13, 2014

Inflation Index Bonds

Inflation Index Bonds (IIBs) are an enhanced version of Capital Indexed Bonds (CIBs) that were issued during 1997. While CIBs provided protection against inflation only for the principal amount,

August 13, 2014

Vulture Funds in India

The Vulture funds can be best understood by their analogy with Vultures. As an animal is about to die, we see circling vultures patiently waiting to pick over the

December 15, 2013

General Knowledge of Basel III

The role of banks in global and national economies is very important. The banking industry holds reliance of the entire economy and it is important for the authorities to

November 24, 2012

Deficit Financing

Deficit refers to the difference between expenditure and receipts. In public finance, it means the government is spending more than what it is earning. Government expenditure and revenue can