Indian Economy & Business Analysis
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Cooperative banks form the third pillar of India’s banking structure. These are further classified as urban cooperative banks (UCBs) and Rural co-operative banks (RCBs). Both urban and rural cooperatives play…
NBFIs (non-banking financial institutions) form the second pillar of banking structure. They are further grouped into Non-Banking Finance Companies (NBFCs), All India Finance institutions (AIFIs) and Primary Dealers (PDs). Read…
India’s banking sector is built around three pillars – Scheduled Commercial Banks (SCBs), non-banking financial institutions (NBFI) and Co-operative Banks (CBs). Each pillar is sub-divided into a large number of…
Indian government has been taking several measurs to help build an ecosystem for semiconductor manufacturing in the country. The $10 bn worth of production linked incentives (PLI), first announced in…
India’s persistent current account deficit (CAD) is financed by the flow on capital account which forms the other part of international balance of payment. Some of the major elements of…