ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Money, Banking and Finance

The COVID-19 pandemic saw countries adopt large fiscal stimulus packages and unconventional monetary measures to combat the pandemic’s economic fallout. These measures raised questions of sovereigns’....

The coronavirus pandemic was declared as such by the World Health Organization on 11 March 2020. Global markets reacted negatively with major indexes hitting lower circuits and volatilities shooting....

Financial regulators and central banks around the world publish periodic “financial stability reports” (FSRs) in which they analyse the health of their country’s financial and banking systems. These....

The Indian banking sector comprises three types of commercial banks as major players: government-owned, domestic private, and foreign banks. These commercial banks operate on all India basis and cater....

Economists have always been interested in monetary theory as one branch of economics that is closest to reality (Hicks 1967). However, perceptions have differed on the impact of money on the economy....

Post the pandemic, the world seems to be back on a high-inflation path, and many geographies in the advanced world have started witnessing inflation rates that were prevalent in the early 1970s....

By firmly anchoring inflation expectations, monetary policy can prevent a wage-price spiral and moderate the second-round effects of supply shocks, thereby avoiding an inferior macroeconomic outcome....

There are broadly three distinct routes through which the inflation rate has been sought to be controlled in macroeconomic theory. The first route pertains to price control, where the state is....

[...] that we at the Reserve Bank of India also feel the anger, hurt and pain at the banking sector frauds and irregularities. In plain simple English, these practices amount to a looting of our....

During the COVID-19 pandemic, expansionary economic policies played an important role in reviving the floundering global economy. In this context, the present paper looks at the effectiveness of....

Significant additional risk containment measures such as the revision of market-wide position limits, increasing the margin requirements for both equity cash and derivatives, and flexing of price....

The catastrophe of the coronavirus (COVID-19) 1 has caused a once-in-a-century watershed in the evolution of the world with all its constituents—continents, countries, and people—unspared as it....

India has thus far experimented with multiple models of fin­ancial inclusion—the cooperatives; public sector bank (PSB)-led inclusion; setting up of narrow banks like Regional Rural Banks (RRBs) and....

As one of the most regulated industries, banks have to abide by several regulatory requirements such as limiting their leverage within the prescribed limit. Conversely, the management of banks is....