19May 2024

RBI DEPUTY GOVERNORS RAISE SUPERVISORY CONCERNS AT ASSET RECONSTRUCTION FIRMS

Why in the news? RBI raises concerns over alleged unethical practices in asset reconstruction companies (ARCs). ARCs urged to prioritise governance and ethical conduct. Conference organised in Mumbai to address these issues. source:scribd About Asset Reconstruction Company (ARC): Specialised financial institution acquiring and managing distressed assets like NPAs. Banks offload troubled loans to ARCs at …

“THE INDEPENDENT ROLE OF CENTRAL BANKS IN INDIA AND THE U.S”

Syllabus: GS-3-Role of monetary authority and related institutions , RBI and its effectiveness Focus : Top of Form The article explores the unique challenges faced by central banks in democracies like India and the US, emphasizing the importance of maintaining their independence amidst political pressures. It examines the implications of political interference on monetary policy …

RBI ASSERTS: NO EASING MONETARY STANCE DUE TO CURRENT CONDITIONS.

Why in the news? RBI Deputy Governor stresses on maintaining restrictive monetary policy due to persisting inflation risks and uncertain economic conditions. About the Importance of Price Stability: RBI Deputy Governor Michael Deba- brata Patra underscores the need to restore price stability for sustaining the economy’s growth trajectory. He highlights that the current economic conditions …

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RBI DEPUTY GOVERNORS RAISE SUPERVISORY CONCERNS AT ASSET RECONSTRUCTION FIRMS

“THE INDEPENDENT ROLE OF CENTRAL BANKS IN INDIA AND THE U.S”

RBI ASSERTS: NO EASING MONETARY STANCE DUE TO CURRENT CONDITIONS.

UPSC Prelims 2026 Live Paper Discussion & Detailed Answer Key Analysis