-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...
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UP: Farmers Intensify Protest Against Installation of Meters on Tubewells -Abdul Alim Jafri
-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...
More »When does RBI step in to monitor a bank? -Prashanth Perumal J
-The Hindu Why has the Reserve Bank of India increased its oversight on Dhanlaxmi Bank? What are the reasons for the Thrissur-based private bank’s Assets to be under stress? According to Basel-III norms, what is the capital to risk ratio a bank is required to maintain? What lies ahead? The story so far: The Reserve Bank of India (RBI) has placed Dhanlaxmi Bank under tight monitoring with the Thrissur-based private bank’s financial...
More »Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu
-The Hindu Business Line However, inequality is slightly down in the last two years, says a global wealth report Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during...
More »Noncommunicable diseases now ‘top killers globally’ – UN health agency report
-United Nations News From heart disease to cancer and diabetes, noncommunicable diseases (NCDs) now outnumber infectious diseases as the “top killers globally,” the UN health agency said in a new report, released on Wednesday, with one person under 70 dying every two seconds from an NCD. The report and new data portal, was launched on the sidelines of the 77th session of the General Assembly, at an event co-organized by the World...
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