The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system
Having taken the trouble to demonetise higher denomination notes, we believe the government should now go the full distance in moving India towards a cashless economy.
Big RBI Move! ₹1.5 Lakh Crore Liquidity Surplus & Cheaper Loans | 78 bps Rate Drop
Historic! India Records 0.3% Inflation & 8.2% GDP Growth - A Rare Goldilocks Moment
Inflation At Record Low, Growth Outlook Strong, RBI Upgrades India’s GDP Forecast To 7.3%
PM Modi: Despite Global Crises, India–Russia Bond Stands Firm Like A Pole Star |Joint Press Briefing
Rupee at 90: RBI’s Calculated Move? Expert Explains Market Impact
