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A new term recently coined in this sluggish economy “Helicopter Money”, what is helicopter money and why is it in news now ? This is an unconventional monetary policy tool. It involves printing money and distributing it to the public. Milton Friedman coined this term. It basically denotes a helicopter dropping money from the sky. […]
What is Inter-Creditor Agreement (ICA) Signed By Banks in India recently and it’s powers ? – Recently signed Inter Creditor Agreements (ICA) between public sector, private sector and foreign banks is to push for the speedy resolution of non-performing loans on their balance sheets. It is part of the “Sashakt” plan approved by the government to address the problem […]
Another Public Sector Bank (PSB), Allahabad bank is put under Prompt Corrective Action (PCA) by Reserve Bank of India (RBI) as the banks shows the net NPAs (non performing assets) and negative ROA (return on assets) for two consecutive years fiscal 2016-17. For the fiscal 2016-17, the bank had trimmed its net losses to Rs 313.51 crore against Rs […]
Recently Reserve bank of India has brought many of Public Sector Banks under prompt correction action (PCA) like Bank of India, Corporation bank, United Bank of India, UCO bank, Indian overseas bank, IDBI banks, Central Bank of India and lot more. What is prompt correction action (PCA) and why RBI is implementing it on various banks ? […]
What are preferential allotments Share ? – Recently “[highlight]preferential allotments Share[/highlight] ” was very much in news, as Government has planned to infuse Rs 25,000 crore in different public sector bank on preferential basis.Read the story [highlight]here.[/highlight] What is Share Allotment on Preferential basis ? In general we define the share allotment on preferential basis […]
Commercial Papers : A Commercial Paper is a short term security (7 days to 365 days) issued by a corporate entity (other than a bank), at a discount to the face value. b) Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. c) Commercial Paper normally give a higher return than […]
Money Market refers to the market for short-term requirement and deployment of funds. Money market instruments are those instruments, which have a maturity period of less than one year. The most active part of the money market is the market for overnight call and term money between banks and institutions and repo transactions. It is regulated by RBI. Money Market […]
Different Type of Money Supply in India : There are different type of money in circulation to economy of India. Each and different type of money have their separate value. Find out the different type of money from Mo to M4 or broad money etc circulation in Indian Economy and banking sector. This is very […]
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