The relevant committee had recommended risk provisioning under the Contingent Risk Buffer (CRB) be maintained within a range of 6.5-5.5% of the RBI’s balance sheet. Besides, the payout also depends on the income the central bank earns from various domestic sources.
Muskets, markets and models: Why AI is the new engine of revolution
From agriculture’s dawn to the digital age, revolutions have consistently reshaped power dynamics. Ownership of land, machines, and now artificial intelligence has redefined societal structures