Analysis: India’s rising Forex reserves

Author: Bakul from Delhi Metropolitan Education, GGSIPU.

According to the data of RBI, India’s foreign exchange reserve increased by 2.5 billion dollars to a record high of 457.46 billion dollars in the last week of December 2019 and recently it has crossed half trillion dollars for the first time in the week of June 5. Foreign…

Explained: Functions of RBI

Author: Vidhi Saxena from National Law Institute University, Bhopal.

The Reserve Bank of India (hereinafter, RBI), also known as the Central Bank of India, was established by the Reserve Bank Act, 1934. The Preamble to Act of 1934 promulgates the objective of RBI which is “to regulate the issue of Bank notes and the keeping…

Explained: PML

Author: Sakshi Sethi from Rajiv Gandhi National University Of Law, Patiala.

The increasing competitiveness in the contemporary industrial society has given rise to criminality and allied offences. The ethical and metaphysical integrity of trade and finance is hampered by such economic offences. One…