Explained: Crop loan targets and why cooperative banks want action against commercial banks over not meeting it

While addressing the media in April, Vidyadhar Anaskar, the administrator of the Maharashtra State Cooperative (MSC) Bank had sought action against scheduled commercial banks for not adhering to the crop loan targets. The veteran cooperative banker has raised this issue multiple times, while pointing out that cooperative banks have outperformed the scheduled commercial counterparts in … Read more

ExplainSpeaking: RBI and the US Fed — The contrasting tale of two central banks

ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to subscribe Dear Readers, Last week, within hours of each other, central banks in India and the US raised interest rates and signaled a tighter monetary policy in a bid to contain rising inflation. To be sure, thanks … Read more