Environmental Jurisprudence in India

Nature provides a free lunch, but only if we control our appetites…[1] The word Environment has been derived from the French word ‘Enviorn’ which means surrounding. The environment comprises and constitutes of everything around us. The environment consists of all biotic (living organisms) and abiotic (non-living objects) that surround us. Example- When we go outContinue reading “Environmental Jurisprudence in India”

Non-Performing Assets

He who is quick to borrow is slow to pay Indian as well as the global economy has grown at a fast pace after WW-II. The globe has witnessed a phenomenon we often call industrialization, globalization, urbanization. The world has become co-operative at times and competitive during others. With such surge in the growth ofContinue reading “Non-Performing Assets”

Evolution of Banking in India

Section 5 of the Banking Regulation Act, 1949 provides the definition of Banking as: “Banking is the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawal by cheque, draft, order or otherwise” The financial sector of a country is very critical forContinue reading “Evolution of Banking in India”