-Deccan Chronicle Mumbai: The Reserve Bank Of India is concerned about the slow deposit growth and how Banks would support double-digit credit growth amidst tightening liquidity. The issue was discussed on Wednesday when RBI governor Shaktikanta Das met managing directors and chief executive officers of public sector Banks and key private sector Banks. A Banker who attended the meeting said, "It was a routine meeting that takes place half yearly. We discussed...

-The Hindu Why did senior officials of the apex Banking regulator meet the MD and CEOs of public and certain private sector Banks? What are the possible reasons for low deposit growth? What is the net status of non-performing assets? Has credit growth risen when compared to the year-ago period? The story so far: The Governor, Deputy Governor and a few other senior officials of apex Banking regulator, the Reserve Bank of...

-Newsclick.in World capitalism is entering a new phase in which Third World economies will witness persistent outflow of finance, even if they raise interest rates in tandem with US rates. There are two defining and portentous features of the current world economic situation. One, which is well discussed, is the world-wide increase in interest rates in response to the pervasive inflationary upsurge; it would indubitably generate recession and unemployment, which, notwithstanding all...

-Newsclick.in Many farmers also brought uprooted electric meters from their tube wells, dumped them on the premises of PVVNL and asked the officials to deposit them in the office. Lucknow: Farmers from across Western Uttar Pradesh intensified their ongoing protest by allegedly holding government officials hostage for several hours inside the Paschim Vidyut Vitran Nigam Ltd (PVVNL) under the Banner of Bharatiya Kisan Union (BKU). The protest is against installing electric meters...

-TheWire.in If India is to seize the advantage of its burgeoning young workforce, it needs to strategically implement economic and industrial policies. There is a new urgency in India to create jobs for the rapidly growing number of young people set to enter the workforce in the next two decades. India will account for 20 percent of the worldwide increase in the working-age population over the two decades from 2020. Projections from the...