Banking and Financial News – 21 May 2014

Important Financial Terms in the News explained.

The Fragile Five is the latest acronym to hit the emerging markets, with concerns regarding the effect of US tapering heightened by the apparent current account deficits of the countries in question – Brazil, India, Indonesia, South Africa and Turkey.

Nachiket Mor Committee – on Comprehensive financial services for small businesses and low-income households.

Short Forms / Acronyms

CCI - Competition Commission of India

BCSBI – Banking Codes and Standards Board of India

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