Meaning and Operation of Networth Networth is required for any fictitious commercial entity to ensure that its operations are not hampered by expected variation in the business variables. An industrial or commercial entity, when it builds it networth, increases its bank balances held with a commercial bank. It may then spend that increase in networth in an […]
The monetary policy decision of RBI this week, especially the shift in the inflation expectations while keeping the growth forecast nearly intact, needs to be analyzed with a special focus on the background of the developments in the banking sector. The last few weeks have been singularly exceptional for the Indian banking sector. Banks in India have […]