India constituted an NCTF with the Cabinet Secretary of India as the Chair. NCTF has played an im...

It is the ratio of broad money (M3) divided by Reserve Money (M0) Therefore, Broad money (M...

Banks have to maintain a minimum level of cash to meet the daily transaction level and also mainta...

Foreign Direct Investment (FDI) is an investment made by a firm/individual of one country into b...

Depreciation: In the foreign exchange market, it is a situation when domestic currency loses it...

According to the RBI, “Commercial Banks refer to both scheduled and non-scheduled commerci...

The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian governm...

In a modern economy, money consists mainly of currency notes and coins issued by the monetary auth...

D-SIB means that the bank is too big to fail. According to the RBI, some banks become syste...

The nationalization of the banks in 1969 boosted the confidence of the public in the Banking sys...

Exchange Rate is defined as the rate at which a country’s currency can be exchanged with anoth...

WHITE LABEL ATMS ATMs set up, owned and operated by nonbank entities are called white label ATMs....