The difference between Banks and NBFCs
What is a Non-Banking Financial Company (NBFC)? A Non-Banking Financial Company (NBFC) is a company…
Banking
Long Term Repo Operations (LTROs)
What is Long Term Repo Operations (LTROs)? RBI has announced a new liquidity facility under…
Banks Board Bureau
Banks Board Bureau (BBB) is an autonomous advisory body created by the government to enhance…
GLOBAL MIGRATION REPORT 2020
The Global Migration Report 2020 was recently released by the UN-affiliated International Organization for Migration…
Telling Numbers: What Indians living abroad have been sending home over the years
International remittances in 2018 reached $689 billion, out of which India received $78.6 billion from…
National Financial Switch (NFS)
National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in…
What is Public Debt?
Public debt meaning: In the Indian context, public debt includes the total liabilities of the…
RBI goes for ‘Operation Twist’ to bring down long-term rates
Operation Twist is the name given to a US Federal Reserve monetary policy operation, which…
How are inflation rate and interest rate linked?
At present, the Indian central bank is facing an odd situation: GDP is contracting even…
What is Long Term Repo Operation? Key things to know
Mumbai: To enable better transmission of its monetary policy, the Reserve Bank of India (RBI)…
Pradhan Mantri Vaya Vandana Yojana
The ‘Pradhan Mantri Vaya Vandana Yojana ’ has been launched by the Government to protect…
What is Capital Expenditure?
Capital Expenditure meaning: The Union government defines capital expenditure as the money spent on the…
What Is the Merchant Discount Rate?
What Is the Merchant Discount Rate? The merchant discount rate is the rate charged to…
Instrument in Support of Trade Exchanges (INSTEX)
Six new European countries have joined the INSTEX barter mechanism, which is designed to circumvent…