The last four years have seen India make tremendous strides on the ease of doing business. India has climbed to a global rank of 77, out of 190, in the latest report and was also recognised as a top improver for a second consecutive year, a distinction achieved by only nine other countries in...

Poor people are the most vulnerable to shocks arising from sickness, accidents, death or loss of assets due to natural calamities and riots, etc. Micro insurance is the protection of such low-income people against specific perils in exchange for regular premium payments proportionate to the...

The talk of bank consolidation first started in the early nineties when the Narasimham committee recommended that there should be three or four big banks, led by SBI, to create global-sized banks, followed by national banks with a countrywide presence and then local and rural banks. Public...

India is surrounded by the hostile neighbors. The need for defence of its borders has been on priority since independence. For this purpose defence production has to be upgraded to make it at par with the military power of other countries. The Long-term Integrated Procurement Plan of the...

Last 30-40 years of globalisation have witnessed increasing interdependence among the world nations. Although nations are physically separated, they seem integrated through cross border flows of goods, services, people, capital, information and culture. Foreign Direct Investments, Foreign...

The Indian government on 30th August 2019 unveiled a plan to merge 10 public sector banks (PSBs) into four, reducing the number of state-owned banks from 18 to 12, in a bid to create “next-generation” financial institutions with stronger balance sheets and bigger risk appetite. Having done...

Banking Sector plays an imperative role in economic development of a country. The banking system of India is featured by a large network of bank branches, serving many kinds of financial services of the people. In today's financial world, financial performance is a mundane among the perspective...

The world economies, particularly developing economies, are rivals with each other to attract foreign capital. The wave of liberalization and globalization sweeping across the world has unlocked many national markets for international business. Therefore Cross border merger and acquisitions have...