A 2008-style bank run seems unlikely, but if it did happen, the sector is much better prepared.
Many investors clearly think they can play this game.
The US federal government was due to start partially shutting down on Tuesday after lawmakers failed to compromise on an emergency spending bill before a midnight deadline.
Addressing the BRICS investment seminar in Mumbai ahead of the 5-nation Summit in Goa on October 15-16, Jaitley said the government has put FDI on automatic route in almost 90 per cent of the areas that are eligible for foreign direct capital.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
"The international community should get onboard so that the environmental balance is not destroyed," he said.
On July 15, the Reserve Bank put in place measures to restore stability in the foreign exchange market, including raising the Marginal Standing Facility and bank rates to 10.25 per cent and restricting access by way of repos to Rs 75,000 crore (Rs 750 billion).
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
While business, humanities and engineering programmes at the undergraduate level start at 10,000 (annually), candidates should make provision of 8,000-12,000 (approx Rs 6 lakh to 10 lakh) towards living expenses annually, says Sushil Sukhwani.
These are the people who could damage your organisation in possibly irreparable ways.
Businesses have been reluctant to talk about contingency plans for Brexit
Here are the key decisions announced by the Reserve Bank of India on Thursday.
A quick scan of prime ministerial speeches at the PBD going back to 2009, another election year, reveals no political utterances by either Modi or his predecessor, Dr Manmohan Singh.
Official celebrations in most states were restricted to unfurling of the national flag and chief ministers and governors addressing the people, with fewer guests in attendance.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
Tejaswi Yadav spoke with Rediff.com about how he plans to wash clean the 'jungle raj' tag that has stuck with his father and former chief minister Lalu Prasad Yadav.
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
'Shooting is number one.' 'Archery, wrestling, badminton and boxing.' 'These are the five where we stand the best chance of winning a medal.'
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Subject to finance & tech from rich countries through an ambitious, fair Paris deal
Least affected by the recent controversies around her, India's pistol ace Heena Sidhu's primary target is the World Championship
In a permanent commission, women officers get an opportunity to rise to the rank of Lieutenant General and retire at 60 with full benefits like the men do. Sources say it is given to women on a case-to-case basis.
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
'At the premiere we got a 4-minute standing ovation...' ...'Strangers hugged me, sobbing...' ...'Some just sat in their seats still immersed in the experience.' Nandita Das captures the magic of Manto at Cannes.
Football fans in Goa are shaking off their sussegado and becoming an animated, raucous, even belligerent lot.
The draft regulations in this regard are expected to be approved by the board during the meeting.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
The central bank will auction Rs 220,00 crore (Rs 220 billion) of government cash management bills every Monday, it said in a statement, without specifying for how many weeks the sales would last.
These simple changes can add a significant thrust to your overall money management over time.
The insurance brokerage had experience of settling claims in Jammu and Kashmir and Visakhapatnam in Andhra Pradesh during natural catastrophes earlier this year.
RBI will cut rates in its next policy announcement on June 2.
'Where is the analysis that we need to spend at least Rs 4 trillion to keep India safe?'
Several nuclear power projects held up for the lack of such an insurance pool can now be expected to move forward.
A rising rupee is a tailwind for dollar investors.
ADB projected China's growth to decelerate from 7.4 per cent
India will have the presidency of the BRICS' $100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping the international financial system dominated by the West.
With RBI likely to make credit costlier and banks to follow, some ideas on switching money to be able to do this.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
The belief that the Fed knows something that lesser mortals don't is common.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 71st Republic Day.
