The Secretary, Union Ministry of Housing and Urban Affairs, Durga Shankar Mishra, has launched the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) mobile application in New Delhi. Under...
The Ministry of Commerce & Industries through the Export Credit Guarantee Corporation (ECGC) has launched a new Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability...
In the modern-day of increasing globalization, global economic trends are also being picked up in India. While at one time, Indians were hesitant to borrow money for heads...
The Central Government is mulling to set up a National Rural Bank to ease the agricultural woes in India. What is a National Rural bank? The National Rural...
In a research paper India s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications former chief economic advisor Arvind Subramanian has claimed that India s economy grew at a...
The Sashakt Committee, headed by PNB non-executive chairman Sunil Mehta, has recommended changes in existing Inter-Creditor Agreement (ICA) to incorporate revised voting threshold and other changes for decision...
Amitabh Kant, NITI Aayog’s Chief Executive Officer has said that the government and the Reserve Bank of India will have to bring new set of regulations to make...
The Reserve Bank of India (RBI) has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters...
In a bid to check loan defaults, the Reserve Bank of India (RBI) has considered the recommendations of YM Deosthalee-headed High Level Task Force and will set up...
The Reserve Bank of India has constituted a 10-member ‘High Level Task Force on Phublic Credit Registry (PCR) for India’, which will, among other things, suggest a roadmap...