The Board's discussions focussed on issues related to urban cooperative banks, extension of Enforcement Policy and Framework to cooperative banks and NBFCs, the RBI said in a statement

Current draft shows many tweaks from the draft Bill of 2018, and has several grey areas and ambiguous clauses, which need more clarity from the government, which is why the bill has been sent to a joint select committee

RBI has cut rates by 135 basis points this year to 5.15%, but inflation has remained low by historical standards

The domestic mining landscape is staring at a major disruption when an estimated 329 mining leases expire and need to be auctioned at the end of this fiscal. The tardy progress of auctions so far indicates the changeover could be very messy.

Pradhan said the policy prescribes guidelines for setting up and responsibilities of dismantling centre and scrap processing centre, roles of aggregators and responsibilities of the government, manufacturer and owner

Persisting liquidity issues in the NBFC space as well as the financial woes of some groups in this sector have raised concerns about the health of the overall financial system

Real estate revival: The FAQs issued by the finance ministry clarified that the NPA or NCLT projects will be also be considered for the last mile funding by the government

The five-year-old scheme, a pet project of the prime minister Narendra Modi, has seen a gradual increase in the average deposit per account from Rs 1,000 in March 2015 to Rs 2,853 in October 2019

Indian microfinance is extremely complex. There are different legal forms active in the markets i.e. Banks (commercial, Cooperative Banks, RRBs, SFBs etc), NBFCs, NBFC MFIs etc

Trai had proposed to move from the current IUC regime to the BAK (bill and keep) regime where no operator will charge for mobile call transmission, from January 1, 2020

Sixteen CEOs and economists lay out a roadmap to revive the economy

Fitch said the recent government measures to boost economy including a cut in corporate tax rates will gradually nudge growth

E-commerce is one area where India has been hesitant about signing multilateral agreements, as it has stated that the country with its huge unorganised small and micro manufacturing and trading sector cannot be ready for binding international regulations