Sanjeev Ahluwalia | Keeping Big Biz out of banks not a good idea

Increasing the number of well- capitalised private banks will induce competition and dilute the concentration of economic power

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with DBS Bank

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy

The bench said that it would take up the matter for hearing on November 18

Terms of three members of the Monetary Policy Committee ended last month

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year

Economists like Raghuram Rajan and others have suggested the government to open its purse strings to support the demand

As per RBI's latest annual report, the big note was not printed at all during 2019-20

Bank frauds down from Rs 43k crore seen in the April-June quarter of 2019

Report by SBI research says we're at the end of the rate-cut cycle which began in Feb. 2019