The Insolvency and Bankruptcy Code (IBC) of 2016 stands as a landmark legislation in India’s economic landscape, revolutionizing the insolvency and bankruptcy
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Bank for International Settlements (BIS): An Overview – UPSC Economy Notes
The Bank for International Settlements (BIS) stands as a cornerstone of the global financial system, serving as a hub for central banks and financial authorities worldwide.
Recapitalization of Public Sector Banks (PSBs): An Overview – UPSC Economy Notes
Public Sector Banks (PSBs) in India have faced the need for recapitalization due to the impact of increasing Non-Performing Assets (NPAs) and the requirement to conform to Capital Adequacy Ratio (CAR) norms.
Safety of Banks and Basel Norms: Ensuring Prudent Practices – UPSC Economy Notes
This essay delves into the significance of the Basel Norms in upholding the safety of banks and ensuring the integrity of the global financial system.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, enacted in 2002, stands as a cornerstone of India’s financial legislation
Substandard Assets or NPAs: Understanding Loan Classification – UPSC Economy Notes
In the realm of banking and finance, the term “Substandard Assets” or “Non-Performing Assets (NPAs)” carries significant weight
Public Sector Banks (PSBs) play a pivotal role in the economic landscape of many countries, serving as key pillars of the financial system.
In India, the banking system serves as a crucial financial intermediary, facilitating transactions between savers and borrowers.
Commercial banks in India play a pivotal role in the nation’s economy, serving as the primary financial intermediaries between depositors and borrowers
Tax-related terms can often seem like an impenetrable maze of jargon and complexity, leaving many individuals and businesses feeling bewildered.