The rift centered around February 2018 circular issued by RBI, which forced banks to immediately classify borrowers as defaulters when they delayed repayments.
RBI’s move comes as central banks in emerging markets step up action to counter capital outflows and weaker currencies that threaten to drive up inflation.
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.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
Rbi is most important organisation of our country and definitely you are chaired to justify the work done . The moral of person to hold dignity of post and remember your are known in future through negatives or positives of policy initiated by you.
Modiji has been touting IBC as a great achievement to address issue of bad debts. great indeed. cat is out of the bag. more than genuine concerns , dilutions and changes were effectively to shield crony corporates and give them a window for escape. the fact that all lawyers dropped out one day before hearing in supreme court speaks volume about the intent and objective of this move. farcical
Unlike the general perception it is not “obey” orders in the Defence forces. The term is “follow” orders. In the process of formulation of a plan inputs are taken from everyone including the junior commanders. There is a brainstorming session on the plan. Finally a plan is adopted. It is then mandatory that every one works towards the final plan. The decision is promulgated by the senior most commander, who has the final say, in the situation. Hence the term “follow” orders and Not “obey” orders. In the defence everyone has a right to refuse to follow unlawful order as well.
In the circumstance it is a bit bewildering that a RBI Governor had to resign due to dissonance. How can an individual assume that he knows more than somebody else? Should not he Government functionary execute what the Government requires unless it is an unlawful order. If it is an unlawful order the prude thing would be to just refuse to execute the order and not resign.
Can a senior functionary succumb to canards? Just asking.
Rbi is most important organisation of our country and definitely you are chaired to justify the work done . The moral of person to hold dignity of post and remember your are known in future through negatives or positives of policy initiated by you.
Modiji has been touting IBC as a great achievement to address issue of bad debts. great indeed. cat is out of the bag. more than genuine concerns , dilutions and changes were effectively to shield crony corporates and give them a window for escape. the fact that all lawyers dropped out one day before hearing in supreme court speaks volume about the intent and objective of this move. farcical
Unlike the general perception it is not “obey” orders in the Defence forces. The term is “follow” orders. In the process of formulation of a plan inputs are taken from everyone including the junior commanders. There is a brainstorming session on the plan. Finally a plan is adopted. It is then mandatory that every one works towards the final plan. The decision is promulgated by the senior most commander, who has the final say, in the situation. Hence the term “follow” orders and Not “obey” orders. In the defence everyone has a right to refuse to follow unlawful order as well.
In the circumstance it is a bit bewildering that a RBI Governor had to resign due to dissonance. How can an individual assume that he knows more than somebody else? Should not he Government functionary execute what the Government requires unless it is an unlawful order. If it is an unlawful order the prude thing would be to just refuse to execute the order and not resign.
Can a senior functionary succumb to canards? Just asking.