Bringing back the Financial Resolution and Deposit Insurance Bill could be a very important reform in laying the foundations of a stronger financial system.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
A person making money to put it in the Bank has also the privilage of losing it. Protecting loss by saying profit is yours but you r loss is our loss is a stupid socialization of a country.
It is O K as far as banks are concerned. DICGC enjoyed the premium from the banks for many years and paid little to the customers. As there is lot of criticism from the public, at least now thdy madeit as 5 lakhs instead of 1 lakh. Recently many companies and NBFCs failed to repay back the matured deposits. To give some solace to the deceived depositors, Government should extend the DICGC COVER to the looser.
People with little understanding of economics, should refrain from commenting on economics.
It-ls like pope commenting on Darwin
A person making money to put it in the Bank has also the privilage of losing it. Protecting loss by saying profit is yours but you r loss is our loss is a stupid socialization of a country.
Banks make money off your money.
It is O K as far as banks are concerned. DICGC enjoyed the premium from the banks for many years and paid little to the customers. As there is lot of criticism from the public, at least now thdy madeit as 5 lakhs instead of 1 lakh. Recently many companies and NBFCs failed to repay back the matured deposits. To give some solace to the deceived depositors, Government should extend the DICGC COVER to the looser.