ProfitNama

ProfitNama

May 2024

IBC Rescued 3,171 Distressed Cos in 8 Yrs: Sitharaman

Analyzing the success of the Insolvency and Bankruptcy Code in reviving distressed companies in India and its broader economic implications. Source and citation: Based on a report from ET Bureau, last updated on May 31, 2024. TLDR For This Article: The IBC has significantly improved company rescues compared to previous systems, enhancing corporate health and […]

IBC Rescued 3,171 Distressed Cos in 8 Yrs: Sitharaman Read More »

RBI to Speed Up Rupee Globalisation, Roll Out Series of Reforms This Fiscal

Dive into RBI’s strategies for rupee internationalization and its potential impacts on global trade and investment. Source and citation: Analysis based on a recent report by ET Bureau, updated May 31, 2024. TLDR For This Article: The RBI is implementing various reforms aimed at internationalizing the rupee to enhance India’s financial integration with the global

RBI to Speed Up Rupee Globalisation, Roll Out Series of Reforms This Fiscal Read More »

CBDC Usage Soars 39-fold Among Retail Users, Plunges in Wholesale

Exploring the dramatic rise in retail CBDC usage in India and its contrasting decline in the wholesale segment. Source and citation: Based on insights from ET Bureau, last updated on May 31, 2024. TLDR For This Article: CBDC usage has skyrocketed among retail users in India, indicating growing acceptance, while it has significantly dropped in

CBDC Usage Soars 39-fold Among Retail Users, Plunges in Wholesale Read More »

Govt Bond Buybacks Continue to Face Weak Participation

Analyzing the implications of weak participation in government bond buybacks and its effects on markets and investors. Source and citation: Based on a recent report from ET Bureau, dated May 31, 2024. TLDR For This Article: Recent government bond buybacks have seen low participation, indicating potential concerns among investors about bond yields and market liquidity.

Govt Bond Buybacks Continue to Face Weak Participation Read More »

error: Content is protected !!
Scroll to Top