RBI paper on bills poses questions, gives no solutions

MUMBAI : A Reserve Financial institution of India dialogue paper on fee fees launched on Wednesday has disillusioned the business and analysts alike, because it raises more than one questions however does no longer be offering answers or take any stance on them, resulting in persevered uncertainty. The paper refers to how some fee mechanisms … Read more

Shadow banks transcend schooling loans to draw scholars

MUMBAI : Non-banking monetary corporations (NBFC) are arranging foreign exchange and bank cards, laptops, electrical cars, cellphones and in a foreign country lodging for pupil debtors, aiming to transform one-stop monetary retail outlets. The firms are tying up with telephone and automakers to draw extra scholars, at a time many are upgrading abilities thru lessons … Read more