Under the current structure, RBI's nominees can reportedly take decision on their own, without keeping key stakeholders in the loop. So, the government is expected to ask the RBI to at least seek comments, if not approval, on issues that can impact the overall economy.

The MSMEs are always pampered by the government as they generate employment and helps in inclusive growth. But MSMEs pampered in the past could create assert quality issues in future.

Prime Minister Narendra Modi on November 2 announced that MSMEs can get loans up to Rs 1 crore in 59 minutes through a dedicated portal.

Prime Minister Narendra Modi on November 2 announced that MSMEs can get loans up to Rs 1 crore in 59 minutes through a dedicated portal.

Prime Minister Narendra Modi on November 2 announced that MSMEs can get loans up to Rs 1 crore in 59 minutes through a dedicated portal.

Prime Minister Narendra Modi on November 2 announced that MSMEs can get loans up to Rs 1 crore in 59 minutes through a dedicated portal.

There have been enough pointers since the Budget announcements in February to show that the government's finances are perhaps not in a great shape.

Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.

Both the government and the RBI can set up committees to lay down the policies for payment of surplus to government and also the adequacy of reserves to be kept or created out of surplus every year.

RBI Deputy Governor Viral Acharya compared government's 'myopic' economic policies to a T20 cricket match, in contrast to the long-term planning of a central bank, which he called a Test match.

Close to a dozen public sector banks are under PCA framework, monitored by RBI with lending restriction till they nurse back to good health.

Five out of six debutants in the top 100 rankings are from the financial services sector.

The RBI always has had its disagreements with the government, mostly in private and rarely in public, when it comes to its autonomy in setting the monetary policy, regulating banks, managing the rupee value in foreign exchange market, and even debt management function.

The lending environment is still challenging. The corporate are still to get into the expansion mode to borrow from banks.

Robots to manufacture 'Make in India' metro coaches in Rae BareliIn what will go down as a milestone, for the first time Indian Railways will manufacture metro rail coaches at its Rae Bareli factory. It will be done under the Make in India scheme, an official said. Moreover the coaches will be manufactured by robots and will be of the same standard as Canada-manufactured Bombardier that is currently being used in the metro services of the country. Additionally, the homemade coaches will be 40...