The debate on the extent of poverty in India has been a matter of global interest in the recent years since the position of emerging India is matter of great concern in the today’s era of global trade convergence. Though in the wake of economic

reforms, poverty estimation itself emerged as a challenge which making this

crucial matter more complex and distant from actuality. In India, poverty

estimation is primarily carrying by fixing a poverty line based on…

Derivatives are a specialized contract which marks an agreement or an option to buy or sell the underlying asset of the derivatives up to pre choreographed time in the future at a prearranged price called as the

exercise price. The word “derivatives” originated from mathematics and signify

to a variable, which has been derived from another variable-they have no value

of their own and they derive their value from the value of some other asset,

that’s…

At global arena, last few years would be recalled for all troublesome reason for banking sector…havocking recession and later relentless banking failures, bailouts, grim faces of western regulators were suffice to

epitomize the grimness of situation which on most of occasion appeared as out

of hand. In India

too, financial sector at large faced the ire of world-wide recession although

the scale was much lower in comparison of western counterparts owing…

Now, when the things started to slowly settled down at the Wall Street and regulators found time to back in their usual business; a new storm meanwhile again breakdown those slight cheering-this time, fraud

originated from iconic investment bank Goldman Sachs through creation of huge

investment designed to fail. The fraud struck inside the Goldman Sachs marks an

unusual tracts as the firm marketed mortgage-backed securities as they sought

to make profits…

Self Help Groups {SHGs} programme is the flagship microfinance intervention of NABARD which was launched as a pilot project on February 26^th 1992 and deserve to be considered as a landmark development in the banking with the

poor. In its part, RBI accepted most of the major recommendations and extended

the SHG-Bank Linkage Programme beyond the pilot stage to as a normal business

activity of the banking sector. Now it’s a proven reality that the…

Financial inclusion plan today conceived in most of corner as “buzzword” which sometimes under evaluate its actual area of impact-as this movement refers towards

potential spread of institutional finance and financial awareness to cater the

needs of hitherto unbanked segment of society, so it becomes imperative to

judge the set of problems actually persists and its best suitable redressal.

Historically, India as a nation and economy remains stoutly attached…