“Banking is fascinating. Not only does it provide the lifeblood of capitalism -- namely, credit -- but its history is uniquely coherent. Railroads, automobiles, telephones, airplanes, oil companies, and technology firms all came after banks” goes the saying. Banks have historically been a prime ...
Dear ReadersWe have celebrated Janmashtami, birth of Lord Krishna. As an incarnation of Lord Vishnu, He was born as a son of Vasudev and Devaki, as they were granted a boon for their severe penance (worshipping without food and living in austerity). They wanted Lord Vishnu as their son. Lord Krishna...
I have had the privilege of meeting a great personality, the Chief Minister of West Bengal from 2000 – 2011, Shri Buddhadeb Bhattacharjee. I am overwhelmed by his gentleness, humility, integrity, dedication for the welfare and growth of the people, state and nation. Buddhadeb Babu was more th...
The Status of Agriculture and Allied Sectors in BengalWest Bengal is a leading state in agriculture, horticulture, and fruit processing. The state is renowned for its exotic varieties of flowers, orchids, and cacti. It holds the title of the highest producer of vegetables in the country and is a lea...
India faced a nine-month high trade deficit in July, amounting to $23.5 billion, highlighting deeper structural issues within the economy. This serves as a reminder of the challenges India faces in balancing its trade equations. While it is not uncommon for a developing country to experience a ...
Company ProfileLocated in Vadodara, Gujarat, Bank of Baroda is a government-owned public sector bank in India. After State Bank of India, it is the third-biggest public sector bank in India. The bank was established in the Gujarati princely state of Baroda on July 20, 1908 by Sayajirao Gaekwad III, ...
Launched on August 28, 2014, the Pradhan Mantri Jan Dhan Yojana (PMJDY) marks a decade of remarkable achievements as the world’s largest financial inclusion initiative. The scheme aims to empower marginalized and economically disadvantaged sections of society. Before exploring its success story, i...
In the ongoing financial year (FY25), the financial challenges that have persisted for the past few years show no signs of abating. Recently, several prominent banks, financial institutions, and entities—such as Bank of Baroda, HDFC Bank, PayTM, IIFL, JM Financial, and Paisa Lo—have made he...
The Reserve Bank of India (RBI) recently introduced the Unified Lending Interface (ULI), a digital platform aimed at addressing the credit needs of various sectors, with a particular focus on agriculture and Micro, Small, and Medium Enterprises (MSMEs). Historically, these sectors have str...
In July, the U.S. Consumer Price Index (CPI) rose by a modest 0.2%, while the year-on-year increase fell to 2.9%, the lowest since 2021. This development marks a crucial moment for the U.S. Federal Reserve as it must carefully balance the optimism of easing inflation with ongoing challenges that cou...