in India in 1996-1997 in order to strengthen them and improve their quality. Non-performing Assets (NPA) in the loan …

The Reserve Bank of India (RBI) has stipulated the Prompt Corrective Action (PCA) Framework in order to ensure the … Scheduled Commercial Banks in India with regard to the three parameters of PCA, viz. i) Capital to Risk Assets Ratio (CRAR) ii …

India. While literature on the subject is vast, studies so far have centered primarily on the U.S. and other developed …

improve the efficiency of payment and settlement system in India. Especially the effort has been in terms of promoting digital … policy shift of Government of India towards demonetization of higher denomination currency notes has given thrust to digital …

In any economy, monetary policy is as essential as fiscal policy in driving growth and in India, it is no different …. Our monetary policy is determined by the Reserve Bank of India in consultation with Monetary Policy Committee which is … headed by the RBI Governor while Fiscal Policy is determined by the Government of India. We have been witnessing a slowdown …

faced with respect to its usage, subject complexity, government regulations and its legality in India. The paper … ambiguities in understanding the complex crypto ecosystem in India. According to a report by Bloomberg, crypto investments in … India increased by about 400 percent in a year, from $923 million in April 2020 to nearly $6.6 billion in May 2021, but the …

We examine how the development of the digital infrastructure known as the “India Stack”—including an interoperable … of financial services. While each individual component of the India Stack is important, we argue that its key overarching … synergies across the layers of the Stack. Until recently, a large share of India’s population lacked access to formal banking …

implementation. In December 2022, India started its CBDC pilot program to continue its transition towards a digitized payments …