Concerns raised by RBI over Credit Information Companies (CICs) Subject: Economy Section: Monetary Policy Reserve Bank of India (RBI) expressed concerns over Credit Information Companies (CICs), urging them to address key areas for service improvement. Rise in Customer Complaints: RBI flagged an increase in customer complaints related to credit information. Six Key Areas […]
Supreme Court Directs Probe into Hindenburg Research Subject: Economy Section: Capital Market Investigation Order: The Supreme Court has directed the Securities and Exchange Board of India (SEBI) and investigating agencies to probe the conduct of Hindenburg Research. The investigation aims to determine if the losses suffered by Indian investors due to Hindenburg’s short […]
Key Points Regarding Dividends and Disinvestment in CPSEs Subject: Economy Section: Indian Economy and National Income Dividends in CPSEs: Dividends from Central Public Sector Enterprises (CPSEs) are expected to surpass ₹50,000 crore for the third consecutive fiscal year. The collections from dividends have already exceeded the Budget Estimate for the current fiscal. Dividend […]
Observation of International Monetary Fund (IMF) on India’s Debt: Subject: Economy Section: Fiscal Policy Debt Sustainability Concerns: IMF expressed worries about the long-term sustainability of India’s debts. Projected India’s government debt to reach 100% of GDP by fiscal 2028 under adverse circumstances. Emphasized the need for concessional financing, private sector investment, and carbon […]
Yield Spread Widening between SDLs and G-Secs Subject: Economy Section: Monetary Policy Yield Spread Widens to Two-Year High: The spread between yields on 10-year state bonds and the benchmark 10-year government bond has widened. On Tuesday, the yield spread reached 53 basis points (bps), marking a two-year high. The last time it widened […]
Concerns raised by RBI over Credit Information Companies (CICs) Subject: Economy Section: Monetary Policy Reserve Bank of India (RBI) expressed concerns over Credit Information Companies (CICs), urging them to address key areas for service improvement. Rise in Customer Complaints: RBI flagged an increase in customer complaints related to credit information. Six Key Areas […]