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Iran Deposit Guarantee Fund complies with international standards and has managed to increase its assets, announced the fund's director. "The IDGF was founded in 2013 on the basis of an article of the Fifth Five-Year Development Plan. Its statute was...

By Brett Fiebiger, Ph.D A liquidity trap may be defined as a situation in which conventional monetary policies have become impotent, because nominal interest rates are at or near zero: injecting monetary base into the economy has no effect, because...

Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on December 05, 2016) 1. Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased...

“If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun." -- Martin Hutchinson on the attempted EU raid on private deposits in Cyprus banks. The deposit confiscation...

Banks at it again, disburse a third of FY15 loan in last 15 days-Business Standard-15th April 2015 ( Following different dated articles and my blogs will speak clearly that banks least bother government guidelines and are habituated to commit fraud...