Debt Management and Monetary Policy in India

The discourse on the need to separate debt management and monetary policy is doing rounds for quite a time. The view was even endorsed by the committee on capital account convertibility in 1996 because of the possible conflict of interest ..

India Post Payments Bank to be converted into Small Finance Bank

Indian Posts has made a decision to convert India Post Payments Bank into Small Finance Bank. This will enable the Bank to offer small loans to customers. Payment Banks Payments banks were introduced by the Reserve Bank of India (RBI) ..

Sovereign bonds: Risks and Rewards

In the budget, the government has proposed to raise a part of its gross borrowing in external markets in external currencies by issuing sovereign bonds. Under the programme, both the initial loan amount and the final payment will be in ..

Data security after Capital One data breach

In what could be a major deterrent for governments looking to promote digital transactions and attempting to store data online, a data breach in a financial firm has led to the loss of personal information of 106 million people in ..

Bimal Jalan Committe

The Bimal Jalan Committee which was formed under former RBI Governor Jalan on December 26, 2018, to investigate the economic capital framework (ECF) for the Reserve Bank of India. Why was it formed? As per conventional estimates, the RBI has ..

Change of Rules in Banking Sector

The Reserve bank of India has made a few changes in the banking sector. These include the removal of the minimum balance penalty charges by the banks. Also, the need to seed & link bank accounts with AADHAR has been ..