Page-20 of Finance

RBI decides to keep repo rate unchanged at 6.5%

The Reserve Bank of India (RBI) has kept all key policy rates unchanged in its fourth bi-monthly monetary policy review, which is recently announced on October 5, 2018. A six-member Monetary Policy Committee (MPC), headed by Governor Urjit Patel, decided ..

India Post Payments Bank ties up with Bajaj Allianz Life Insurance to provide insurance to all

India Post Payments Bank (IPPB) has tied up with private life insurer Bajaj Allianz Life Insurance Co Ltd (BALIC) to provide life insurance solutions, especially at the doorstep of every household in the country. With this partnership, IPPB customers across ..

India ranked third globally in terms of number of family-owned businesses with 111 companies

According to the ‘Credit Suisse Family 1000 in 2018’ report, India has been ranked third globally in terms of number of family-owned businesses with 111 companies having a total market capitalisation of $839 billion. Indian family-owned companies generated a 13.9% ..

Unintended Consequences of IBC

Insolvency and Bankruptcy Code (IBC) act was considered as a path breaking legislation which provided for a time bound resolution of insolvency and bankruptcy cases. The act was brought in to address the challenge of chakravyuha i.e. exit issues in ..

The world’s first public blockchain bond “bond-i” launched by World Bank

The world’s first blockchain bond “bond-i” has recently launched by World Bank (WB), which is to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. The “bond-I” stands for Blockchain Operated New Debt Instrument and ..

NHAI signs pact with SBI for a long-term unsecured loan to tune of Rs 25,000 crore

The National Highways Authority of India (NHAI) has signed pact with the State Bank of India (SBI) for a long-term unsecured loan to the tune of Rs 25,000 crore. This is SBI’s highest long-term unsecured loan to any entity and ..