Bond yield is the amount of return realised on a bond Bond & Bond yield meaning A bond is a financial instrument through which a company or Government borrows money from the investors at a fixed rate of interest. To Read more…


Punjab National Bank (PNB), the country’s second-largest public sector bank, disclosed that it has detected fraudulent transactions worth Rs.11400 crores at one of its branches in Mumbai. This is the biggest fraud discovered so far in India’s banking history. The magnitude Read more…


The Non-performing Assets (NPAs) or bad loans of banks have increased to alarming levels. Currently, the NPA ratio in Indian banks stands at 9.45 % of gross loans. The RBI has overhauled its stressed asset resolution framework to ensure speedy Read more…


The first chapter of the Economic Survey 2017-18 is titled, “State of the Economy: An Analytical Overview and Outlook for Policy”. The chapter covers the following areas: Short term overview of the Economy Medium-term overview of the Economy Recent developments Read more…


When America sneezes, the world catches a cold. Earlier this week, in America, the Dow Jones Industrial Average witnessed two successive one-day falls– one for 666 points and the other for 1175 points. It was the largest one-day fall in its history. In percentage terms, the decline Read more…


The RBI has put 10 Public Sector Banks under Prompt Corrective Action (PCA) since April 2017. Though the PCA framework has been in operation since December 2002, its guidelines were revised in April 2017. The banks that have been put under Read more…


The Economic Survey is the annual report card of the country, It is presented in the Parliament every year just before the budget. (Read: Highlights of the Budget 2018) The Economic Survey is prepared by the Chief Economic Advisor and presented Read more…

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