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financial stability

RBI Governor Cautions Bank Boards Against Overaggressive Growth and Evergreening Practices

The Governor of the Reserve Bank of India (RBI) has issued a warning to bank boards regarding the risks associated with overaggressive growth strategies...

Finance Ministry Urges Public Sector Banks to Resolve Small Debt Defaults through Haircuts

The Finance Ministry of India has urged Public Sector Banks (PSBs) to proactively address small debt defaults by considering haircuts, marking a significant step...

White House and Republicans Strike Deal to Raise Debt Ceiling, Avoid US Default

In a significant breakthrough, the White House and Republicans have reached a bipartisan deal to raise the debt ceiling, averting a potential default by...

Fighting Covid Pandemic, the RBI Way

The World Health Organization (WHO) declared an end to the global health emergency brought about by the Covid-19 pandemic. As the world reflects on...

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