According to the IMF’s April 2020 World Economic Outlook, the global economy is set to contract by 3%. Within this subset, advanced economies are expected to contract by 6.1% while
Tag: Liquidity
NBFC crisis and the measures announced through Atmanirbhar BharatNBFC crisis and the measures announced through Atmanirbhar Bharat
I. Background The crisis in the Non-Banking Financial Companies (NBFC) sector has been in the making for the past couple of years. While a series of default by well rated
Coronized Financial Report 2019-20Coronized Financial Report 2019-20
The purpose of financial reports is to present a true and fair picture of the financial performance and position of a business entity. True — implies that the financial statements
Measures taken recently by RBI to stimulate the economyMeasures taken recently by RBI to stimulate the economy
Dr. Madhavankutty G Head – Banking, Economy & Policy – ET Prime, Times Group 1) Cash Reserve Ratio (CRR) reduced from 4% to 3% Cash Reserve ratio refers to the