The paper adds to ongoing debate on transfer of excess RBI reserves to the govt that has been a major bone of contention between the two parties this year.
Former CEA Arvind Subramanian says RBI autonomy critical but it’s also important to hold it accountable as there have been lapses like in case of IL&FS.
Even the merger of Bank of Baroda, Dena Bank and Vijaya Bank, announced in September, will only be completed by June 2019, a senior govt official said.
Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.
The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.
Enjoy everybody. Nirav, choksi will empty PNB and jaitly Will fill PNB with public tax money. WHOSE FATHER GOES WHAT.