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Airtel Payments Bank is now a Scheduled Bank
08, Jan 2022 | Banking
Why in News? The Reserve Bank of India (RBI) has announced the inclusion of Airtel Payments Bank Ltd. in the Second Schedule to the Reserve…
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RBI introduces Prompt Corrective Action Framework for NBFCs
28, Dec 2021 | Banking
Why in News? The Reserve Bank of India (RBI) has introduced the prompt corrective action (PCA) Framework for non-banking Financial Companies (NBFCs). About the News:…
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SBI TO EXTEND LOAN MORATORIUM TO NBFCS
07, May 2020 | Banking
Why in News? The State Bank of India (SBI) has decided to extend loan moratorium to NBFCs that could give a huge relief to the…
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CO-OPERATIVE BANKS UNDER SARFAESI ACT
06, May 2020 | Economics
Why in News? The Supreme Court held that Co-operative banks established under a State law and multi-State level co-operative societies come within the ambit of…
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DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION (DICGC)
06, May 2020 | Banking
Why in News? RBI has asked the Registrar of Co-operative Societies, Maharashtra to start the process of winding up operations of CKP Co-operative bank and…
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FOREIGN EXCHANGE RESERVES
04, May 2020 | Banking
Why in News? Recently, India’s Foreign Exchange (Forex) reserves declined by $113 million to $479.45 billion in the week to 24 April, 2020 due to…
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WAYS AND MEANS ADVANCES
20, Apr 2020 | Banking
Why in News? The Reserve Bank of India (RBI) has announced a 60% increase in the Ways and Means Advances (WMA) limit of state governments…
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NBFC’S GETS 50,000 CRORE BOOSTER
18, Apr 2020 | Banking
Why in News? The Reserve Bank of India (RBI) has announced a host of measures to provide liquidity support to non-banking financial companies (NBFCs), apart…
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HELICOPTER MONEY
15, Apr 2020 | Banking
Why in News? Telangana Chief Minister K. Chandrashekar Rao has suggested RBI to adopt the concept of Helicopter Money to help state governments tide over…
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CORONA BONDS
08, Apr 2020 | Banking
Context: Corona bonds is recently seen in news, which could be a possible resolution to alleviate Eurozone financial struggles amid the coronavirus crisis. About Corona…
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RBI PLANS FOR AN FRAUD OVERSIGHT WING
06, Apr 2020 | Banking
Why in News? The Reserve Bank of India (RBI) is in the process of putting together an exclusive wing for banking fraud oversight. About “Fraud…
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RBI CUTS RATES, ALLOWS LOAN MORATORIUM
28, Mar 2020 | Banking
Why in News? To ease impact of lockdown, RBI reduced the repo and reverse repo rates and the EMIs deferred for three months. About the…
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RBI REGULATION FOR PAYMENT AGGREGATORS AND PAYMENT GATEWAYS
27, Mar 2020 | Banking
Why in News? The Reserve Bank of India recently released guidelines for regulating payment aggregators and Payment Gateways. About Payment Aggregators and Payment Gateways: Payment…
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RBI TO INFUSE RS. 10,000 CRORE VIA OMO
19, Mar 2020 | Banking
Why in News? The Reserve Bank of India (RBI) has decided to infuse ₹10,000 crore liquidity in the banking system by buying government securities through…
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RBI GUIDELINES TO REGULATE PAYMENT AGGREGATORS AND GATEWAYS
18, Mar 2020 | Economics
Why in News? The Reserve Bank of India has recently released guidelines for regulating activities of Payment Aggregators and Payment Gateways functioning in India. What…
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YES BANK CRISIS
07, Mar 2020 | Banking
Context: Recently, the Reserve Bank of India (RBI) on March 5 imposed a moratorium on the private sector lender Yes Bank, limiting withdrawal of deposits…
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EASE 3.0 FOR TECH-ENABLED BANKING
28, Feb 2020 | Banking
Why in News? Finance Minister Nirmala Sitharaman has recently launched Ease 3.0 for tech-enabled to change the customer’s experience at the Public Sector Banks (PSBs).…
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INSURANCE COVER ON BANK’S DEPOSIT
03, Feb 2020 | Banking
Why in News? Finance Minister has recently proposed to increase the limit of insurance cover in case of Bank Failure on deposits to ₹5 lakh…
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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (LIQUIDATION PROCESS) (AMENDMENT) REGULATIONS, 2020
09, Jan 2020 | Banking
Why in News? The Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. Amendments: The…
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FINANCE MINISTER LAUNCHES EBKRAY FOR ONLINE AUCTION OF ASSETS ATTACHED BY BANKS
30, Dec 2019 | Banking
Why in News? Finance Minister Nirmala Sitharaman discussed banking issues with chiefs of Public Sector Banks (PSBs), chief executive of Indian Banks’ Association and representatives…
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“TREND AND PROGRESS OF BANKING IN INDIA 2018-19”
27, Dec 2019 | Banking
Why in News? The RBI has recently released "Trend and Progress of Banking in India 2018-19". This Report presents the performance of the banking sector…
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OPERATION TWIST
21, Dec 2019 | Banking
Why in News? Recently, RBI has planned to conduct “Operation Twist”. About Operation Twist: Operation Twist is actually a move that is used by U.S…
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PARTIAL CREDIT GUARANTEE SCHEME
13, Dec 2019 | Economics
Why in News? The Union Cabinet has recently approved the Partial Credit Guarantee Scheme for the benefit of the banks and NBFCs. Background Info: Over…
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SUPREME COURT’S JUDGMENT ON ESSAR’S INSOLVENCY CASE
18, Nov 2019 | Banking
Why in News? The Supreme Court has recently given its judgement in the Essar Insolvency case that has paved the way for ArcelorMittal and Nippon…
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RBI PANEL MOOTS TIGHTER NORMS FOR CICS
08, Nov 2019 | Banking
Why in News? In 2018, Infrastructure Leasing and Financial Company (IL&FS), a core Investment company (CIC) with over 300 subsidiaries, defaulted on its payment following…
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“GLOBAL MICROSCOPE 2019: THE ENABLING ENVIRONMENT FOR FINANCIAL INCLUSION REPORT”.
05, Nov 2019 | Banking
Why in News? The Economist Intelligence Unit has released the 2019 edition of “Global Microscope: The enabling environment for Financial Inclusion report”. The report assessed…
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SOVEREIGN GOLD BONDS SCHEME 2019 – 2020
02, Oct 2019 | Governance
Why in News? The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. Sovereign Gold Bond…
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EXTERNAL BENCHMARK-BASED LENDING
08, Sep 2019 | Banking
Why in News? The RBI has made it mandatory for all banks to link floating rate loans — to retail customers and loans to micro,…
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STEERING COMMITTEE ON FINTECH RELATED ISSUES
03, Sep 2019 | Insurance
Why in News? The Steering Committee on Fintech related issues constituted by the Ministry of Finance, Department of Economic Affairs, submitted its Final Report. Fintech…
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MERGER OF PUBLIC SECTOR BANKS
31, Aug 2019 | Banking
Context: The Centre has announced a mega amalgamation plan, aimed at improving their financial health and enhancing their lending capacity to support growth. Highlights: The…
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HOW AND WHY RBI TRANSFERS TO GOVERNMENT
28, Aug 2019 | Banking
Context: The Reserve Bank of India (RBI) will transfer ₹1.76 trillion to the government this fiscal. Background: RBI Board accepted the recommendations of a committee…
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ECONOMIC CAPITAL FRAMEWORK
28, Aug 2019 | Banking
Why in News? The Reserve Bank of India (RBI) has decided to transfer Rs 1.76 lakh crore to the Central government, which may help the…
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GOVT. ISSUES GUIDELINES FOE ₹1 TRILLION PARTIAL CREDIT GUARANTEE FOR NBFCs
17, Aug 2019 | Banking
Why in news? In pursuance of the announcement made in the Union Budget 2019-20 the Government has issued a scheme regarding partial credit guarantee on…
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RBI ISSUES FINAL NORMS FOR REGULATORY SANDBOX
16, Aug 2019 | Insurance
Why in News? The Reserve Bank of India (RBI) has issued the final framework for regulatory sandbox in order to enable innovations in the financial…
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NEGATIVE RATE POLICY
14, Aug 2019 | Banking
Context: Negative rate policy – once considered only for economies with chronically low inflation such as Europe and Japan – is becoming a more attractive…
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RBI CUT LENDING RATE BY 35 BASIS POINTS
08, Aug 2019 | Constitutional Bodies, Regulatory Bodies
Context: In a bid to augur economic activity amidst slowing consumption demand, the monetary policy committee of Reserve Bank of India on Wednesday unanimously decided…
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REGULATORY SANDBOX
01, Aug 2019 | Insurance
Why in News? The Insurance Regulatory and Development Authority of India (IRDAI) will soon allow the use of regulatory sandbox (RS) to promote new, innovative…
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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI)
27, Jul 2019 | Banking
Why in news? The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)…
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WILLFUL DEFAULTER
24, Jul 2019 | Economics
Context: Rajya Sabha was informed by the Minister of Finance informed about the mechanisms in place to deter wilful defaulters, curb incidence of wilful defaults,…
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TERROR FINANCING
24, Jul 2019 | Economics
Context: Minister of Home Affairs informed Lok Sabha today about the steps being taken to combat Terror Financing and circulation of Fake Indian Currency Notes…
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PANEL FAVOURS CRYPTOCURRENCY BAN IN INDIA
23, Jul 2019 | G3 – Policies
Context: The committee headed by finance secretary Subhash Chandra Garg has proposed a draft bill “Banning of Cryptocurrency & Regulation of Official Digital Currency Bill,…
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NATIONAL RURAL BANK OF INDIA.
17, Jul 2019 | Economics
Context- Govt is thinking of formation of National Rural Bank of India in order to consolidate in Regional rural Banks (RRB). Parliamentary Standing Committee on…
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BANNING OF UNREGULATED DEPOSIT SCHEMES BILL, 2019
12, Jul 2019 | Banking
Why in News? The Union Cabinet has approved the banning of Unregulated Deposit Schemes Bill, 2019. It will replace the banning of Unregulated Deposit Schemes…
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PONZI SCAMS
11, Jul 2019 | Banking
Background The Union Cabinet Wednesday approved Banning of Unregulated Deposit Schemes Bill with an aim to tackle the menace of illicit deposit- taking activities in…
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CAPITAL TO RISK-WEIGHTED ASSETS (CRAR)
10, Jul 2019 | Banking
CRAR: Capital to Risk (Weighted) Assets Ratio (CRAR) is also known as Capital adequacy Ratio, the ratio of a bank’s capital to its risk. The…
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STORAGE OF PAYMENT SYSTEM DATA
28, Jun 2019 | Banking
Why in News? The Reserve Bank of India in its directive on ‘Storage of Payment System Data’ has made it clear that entire payment data…
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FINANCIAL STABILITY REPORT
28, Jun 2019 | Constitutional Bodies, Regulatory Bodies
What is it About? The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial…
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RBI DIRECT TO SAVE THE PAYMENTS DATA WITHIN INDIA.
27, Jun 2019 | Constitutional Bodies, Regulatory Bodies
The Reserve Bank of India (RBI) has clarified that payment system providers need to store entire payments data in a system only in India. The…
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ONLINE PORTAL FOR FILING COMPLAINTS
25, Jun 2019 | Indian Economy and issues relating to planning - GS3A
The Reserve Bank of India, launched a ‘Complaint Management System (CMS)’, which will enable members of the public to lodge their complaints on its website…
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RESERVE BANK OF INDIA (RBI)
25, Jun 2019 | Structure, organization and functioning of the Executive - GS2E
Context Viral Acharya’s resignation as Deputy Governor of the Reserve Bank of India About: The Reserve Bank of India was established on April 1, 1935…
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INTER CREDITOR AGREEMENT (ICA)
20, Jun 2019 | Banking
Why in News: The Indian Banks’ Association has tweaked the inter-creditor agreement (ICA) that was framed by the Sashakt Committee, to keep it in line…
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Libra Facebook Cryptocurrency
19, Jun 2019 | Indian Economy and issues relating to planning - GS3A
Context: Facebook has linked with 28 partners in a Geneva-based entity called the Libra Association, which will govern its new digital coin set to launch…
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SHADOW BANKING SYSTEM
18, Jun 2019 | Indian Economy and issues relating to planning - GS3A
A shadow banking system is the group of financial intermediaries facilitating the creation of credit across the global financial system but whose members are not…
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INDIAN ECONOMY
17, Jun 2019 | Indian Economy and issues relating to planning - GS3A
What are Debt Instruments? They are either paper or electronic obligations that allows the issuing party to raise funds by promising to repay the lender…
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RBI REVISES STRESSED ASSET RESOLUTION NORMS
08, Jun 2019 | Banking
Why in News: After the Supreme Court struck down the controversial February 12, 2018 circular of Reserve Bank of India (RBI) on stressed asset resolution,…
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RBI CUTS INTEREST RATE BY 25 BPS
07, Jun 2019 | Banking
Why in News: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India reduced the repo rate at its second meeting this year…
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CAPITAL BUFFERS: RBI DRAFT NORMS TIMELY FOR NBFCS
31, May 2019 | Banking
Why in News: The central bank has released draft norms on liquidity risk management for deposit taking and non-deposit taking NBFCs. Details: RBI in its…
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RBI DRAFT RULES FOR NBFCS
29, May 2019 | Banking
Why in News: RBI has put up the draft circular, Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies. Background: / What…
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CRISIS IN NBFC SECTOR COULD HURT ECONOMIC GROWTH’
23, May 2019 | Banking
Why in News: The investors are worried over potential impact on the overall growth of the economy in the near term on current liquidity crisis…
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NEW GOVT. MUST FOCUS ON BANK BALANCE SHEETS
23, May 2019 | Banking
Why in News: The new government, should focus on a few key aspects of the economy such as tackling income inequality on a priority basis,…
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RBI ENVISIONS FOURFOLD GROWTH IN DIGITAL TRANSACTIONS BY 2021
16, May 2019 | Economics
Why in News: The Reserve Bank of India (RBI) has envisaged four times growth in digital transaction in two years, in the payment system vision…
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Supreme Court Gives RBI ‘Last Chance’ to Alter
27, Apr 2019 | Banking
Why in News? Supreme Court gave one “last opportunity” to the Central bank to disclose its annual inspection reports of private banks and financial institutions…
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Centre to borrow rupee 7.1 lakh crore in FY20
30, Mar 2019 | Banking
Borrowing calendar for the next financial year was announced and the government said that it will raise Rs 4.42 lakh crore through gilts in the…
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New loan pricing scheme may be put off
29, Mar 2019 | Banking
Banks will be getting more time to migrate to the new loan pricing regime which was scheduled to be implemented from April 1. This new…
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RBI RECEIVES AGGRESSIVE BIDS, INFUSES RS. 34,500 CR. LIQUIDITY
27, Mar 2019 | Banking
The first dollar-rupee buy/sell swap auction by Reserve Bank of India (RBI), which was aimed at infusing primary liquidity, saw aggressive bidding by banks. The…
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Centre must not look upon the Reserve Bank as a cash cow: ex-RBI board member
24, Mar 2019 | Banking
The central government being fiscally dependent on the Reserve Bank of India (RBI) is undesirable, The ₹68,000 crore that the RBI has paid to the…
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Wholesale price inflation quickens to 2.93% in February
15, Mar 2019 | Banking
Wholesale price inflation in February snapped a three- month declining trend by rising to 2.93% on the back of firming food and fuel prices. Growth…
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RBI TO INFUSE RS 12,500 CRORE INTO FINANCIAL SYSTEM THROUGH OMO’S
08, Mar 2019 | Current Affairs
In News: The Reserve Bank of India (RBI) said it would infuse Rs 12,500 crore into the financial system through op¬en market operations (OMO). Explained:…
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CENTRE TO INCENTIVISE WORK-FROM-HOME JOBS
05, Mar 2019 | Economics
In News: The government is working on a scheme to push work-from-home jobs in the IT sector by offering financial incentives to both employees and…
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‘BANKS’ LIQUIDITY DEFICIT STANDS AT RS 94,585 CRORE
05, Mar 2019 | Economics
In News: The average liquidity deficit in the banking system in the week ended February 28 moderated significantly to Rs 94,585 crore, against the deficit…
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Mudra: Rs. 1 Lakh Cr. More Has to be Lent
04, Mar 2019 | Banking
In News: Despite all the push given by the Central government to the Pradhan Mantri MUDRA Yojana and the ‘MSME loan in 59 minutes’ scheme,…
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FPI Net Inflows Into Stocks At 15-Month High
04, Mar 2019 | Banking
In News: Foreign portfolio investors (FPIs) poured in close to Rs. 17,220 crores on a net basis into Indian equities in February, the highest since…
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GOVT. DETECTS GST EVASION
28, Feb 2019 | Banking
In News: The government has detected Rs. 20,000 crore worth GST evasion so far, this fiscal. Explained: Central Board of Indirect Taxes and Customs said…
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RBI Takes 3 Banks off Prompt corrective Action Framework
27, Feb 2019 | Banking
In News: Three more banks — Allahabad Bank and Corporation Bank, from the public sector, and Dhanlaxmi Bank from the private sector — are now…
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Fiscal Deficit in January at 12
27, Feb 2019 | Banking
In News: According to official data, Fiscal deficit widened in January to Rs. 7.7 lakh crore, or 121.5% of the Budget Estimates for the full…
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Banks may set Repo Rate as Benchmark
26, Feb 2019 | Banking
In News: Most commercial banks in India are likely to select RBI’s repo rate as the external benchmark to decide their lending rates, from April…
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RBI Bundles NBFCS into One Category
23, Feb 2019 | Banking
In News: To provide greater operational flexibility to non-banking lenders, the Reserve Bank created a single category for them by bundling their present three-tier structure.…
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FPI’S Invest Rs. 6,311 Crores in Markets
23, Feb 2019 | Banking
In News: Foreign investors pumped in Rs. 6,311 crores into the Indian capital markets, the highest inflow in a single day this month so far,…
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EFFO Proposes hike in interest rate to 8
22, Feb 2019 | Banking
In News: Provident Fund deposits will now earn more, with the Employees’ Provident Fund Organisation (EPFO) recommending a hike in interest rates to 8.65% for…
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Centre to Setup Umbrella SPV to Fund Metro Projects
21, Feb 2019 | Banking
In News: The Central government is setting up a fully-owned Special Purpose Vehicle (SPV) to house all its equity and debt investments in metro rail…
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Centre Clears Rs. 48, 239 Cr. Recapitalisation Package for PSB’s
21, Feb 2019 | Banking
In News: The government has approved the disbursal of a recapitalization package of Rs. 48,239 crores for 12 public sector banks. Explained: The government will…
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April – Dec. FDI Falls 7% to $33.49 Billion
21, Feb 2019 | Banking
In News: According to Commerce and Industry Ministry data, Foreign direct investment (FDI) into India contracted by 7% to $33.49 billion during April-December in the…
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PONZI Schemes Ordinance
20, Feb 2019 | Banking
The Union Cabinet Tuesday approved promulgating an ordinance with regard to the Banning of Unregulated Deposit Schemes Bill to protect gullible investors from Ponzi schemes.…
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Angel Tax Relief
20, Feb 2019 | Banking
In News: The Government has widened the definition of startups to partly address angel tax woes by increasing the time period for such ventures to…
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RBI to Transfer Rs. 28,000 Crore Interim Surplus to Government
19, Feb 2019 | Banking
In News: The board of Reserve Bank of India decided to transfer an interim surplus (dividend) of Rs. 28,000 crores to the government. Explained: Inclusive…
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Wholesale Inflation Eases to 10- Month low of 2.76%
15, Feb 2019 | Banking
In News: Wholesale Price Index (WPI) fell for the third consecutive month to 2.76% in January from 5.54% in October 2018, 4.47% in November, and…
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Low Velocity of Cash Circulation in large States Hints at Sluggish Economy
15, Feb 2019 | Banking
In News: According to a report by the State Bank of India, While the currency in circulation has surpassed what it was in the pre-demonetisation…
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Forex Reserves Back at 400 Billion
14, Feb 2019 | Banking
In News: Foreign exchange reserves crossed $400 billion for the first time in four months in the week ended February 1, 2019, according to data…
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Retail Inflation cools further to 2.05% in January
13, Feb 2019 | Banking
In News: Data released by the Central Statistics Office showed consumer price index or CPI-based inflation stood at 2.05% in January against the 18-month low…
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95% of Registered Realty Firms have No PAN
13, Feb 2019 | Banking
In News: In an audit of assessments made by the Income Tax Department on the real estate sector, the Comptroller and Auditor General (CAG) found…
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RBI unlikely to transfer contingency fund to Govt.,
07, Feb 2019 | Banking
In News: The Reserve Bank of India (RBI) is unlikely to surrender to government’s demand of transferring funds that was set aside for contingency reserves…
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Cabinet approves unified regulator for IFSC’S
07, Feb 2019 | Banking
In News: The Cabinet has approved the setting up of a unified authority that would regulate all the financial services in International Financial Services Centres…
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Board members’ fiduciary responsibility with RBI’
07, Feb 2019 | Banking
In News: The fiduciary responsibility of the RBI’s board members lies with the central bank, RBI governor quoted. Explained: At present, the central bank has…
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Centre May relax Angel Tax Norms for start-ups, sets up Panel
05, Feb 2019 | Banking
In News: The government decided to set up a five-member working committee to look into the angel tax issue and come up with guidelines in…
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April – Dec Fiscal Deficit at 112.4% of Budget Target
05, Feb 2019 | Banking
In News: The fiscal deficit for the period April-December 2018 has touched 112.4% of the budget target of Rs. 6.24 lakh crore for the financial…
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RBI to Inject Rs. 37,500 Cr through OMO in FEB
30, Jan 2019 | Effects of liberalization on the economy, changes in industrial policy - GS3H
In News: The Reserve Bank of India (RBI) said that it will inject Rs. 37,500 crores into the system through purchase of government securities in…
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FPI OUTFLOWS AT NEARLY RS 6,000 CRORE IN JANUARY
28, Jan 2019 | Banking
In News Foreign investors have pulled out close to Rs. 6,000 crores so far from the Indian stock markets in January 2019. Explained Even as the…
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Supreme Courts Upholds Constitutional Validity of Insolvency and Bankruptcy Code
26, Jan 2019 | Banking
In News: The government’s Insolvency and Bankruptcy Code, 2016 (IBC), earned some rare praise from the Supreme Court which said that it was “happy to…
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PCR has to be Backed by a Comprehensive Act
25, Jan 2019 | Banking
In News: The central bank plans to engage with the Centre and other regulators to bring in a comprehensive Public Credit Registry (PCR) Act to…
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SEBI may Review Mutual Fund Categorisation Norms
23, Jan 2019 | Banking
In News: The Securities and Exchange Board of India (SEBI) is mulling a review of its regulatory framework for categorisation of mutual funds (MFs) as…
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Rationalise New Norms for External Borrowing: NSEFI
21, Jan 2019 | Banking
In News: National Solar Energy Federation of India (NSEFI), a non-profit organisation, has written to the Prime Minister’s Office requesting to direct the Reserve Bank…
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PCA Banks fate hangs on Q4 Show
15, Jan 2019 | Banking
In News: The banks which are under the prompt corrective action (PCA) framework have been asked to provide an estimate of the quantum of provision…
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RBI Warns of NPA Spike in MUDRA Loans
14, Jan 2019 | Banking
In News: The Reserve Bank of India (RBI) has raised a red flag over spike in non-performing assets (NPAs) under the government’s flagship scheme to…
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RBI Notifies Deferment of Capital Buffer Norms
11, Jan 2019 | Banking
In News: The Reserve Bank of India deferred the implementation of the last tranche of Capital Conservation Buffer (CCB) by a year. What is Capital…
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Tokensation may aid safe Digital Transactions
10, Jan 2019 | Banking
In News: The Reserve Bank of India’s (RBI) decision to allow card payment providers to offer tokenization services will ensure the safety of digital transactions…
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OALP – II Auctions
08, Jan 2019 | Banking
In News: The government is expecting about ₹40,000 crore of investment in the 14 blocks it put up on auction for prospecting of oil and…
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Women’s Share in Deposits, Loans Inching UP: RBI Study
05, Jan 2019 | Banking
In News: The share of women in total credit and aggregate deposits of individuals increased further to 20.4 per cent and 32.8 per cent, respectively,…
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SEBI Tweaks norms for commodity exchanges
05, Jan 2019 | Banking
In News: Commodity derivatives exchanges will now have to disclose the quantum of trading done by farmers and other commodity market participants like millers and…
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Rising GDP not enough to counter sharp rise in CAD
05, Jan 2019 | Banking
In News: A Reserve Bank of India study has warned that a crude oil price shock will lead to surge in inflation or fiscal deficit…
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Printing of ₹2,000 notes reduced to minimum
04, Jan 2019 | Banking
In News: The printing of Rs. 2,000 banknotes, introduced post-demonetization in November 2016, has been reduced to the "minimum" by the Reserve Bank. Explained: Soon after the…
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House Panel recommends to ease capital requirements for banks
04, Jan 2019 | Banking
In News: A parliamentary panel asked the central bank to ease its rules on capital requirements for banks so that they can increase lending. Explained: In a…
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RBI ‘EYES’ Solution to read Denominations
03, Jan 2019 | Banking
In News: In a bid to help the visually challenged, the Reserve Bank of India (RBI) is scouting for a digital solution that can identify…
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RBI Unveils Loan Recast Scheme for Small Units
02, Jan 2019 | Banking
In News: The Reserve Bank of India (RBI) announced a one-time restructuring scheme for stressed loan accounts of micro, small and medium enterprises (MSMEs), one…
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RBI Reserves Ratio Among the Highest
01, Jan 2019 | Banking
In News: Analysis of the balance sheets of the central banks of 10 comparable economies shows that the RBI's reserves as a percentage of its…
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RBI scales up liquidity infusion
19, Dec 2018 | Banking
In news: The Reserve Bank had decided to scale up the amount of liquidity infusion by ₹ 10,000 crore to ₹50,000 crore this month, after…
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RBI’S Forex Reserves Marginally up to $393.734 Billion
15, Dec 2018 | Banking
In News: India's foreign exchange (forex) reserves marginally rose by $6 million during the week ended December 7 According to the Reserve Bank of India…
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Loan Waivers to Farmers to Burden Economy
15, Dec 2018 | Banking
In News: State governments should resist giving farm loan waivers since they will create fiscal stress and not reach the farmers that need them, former…
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India post launches E-Com portal
15, Dec 2018 | Banking
In News: India Post on Friday launched its own ecommerce website to help sellers, particularly rural artisans and SHGs sell their products across the country.…
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Bankers ASK RBI to EASE PCA Norms
14, Dec 2018 | Banking
In News: Chief executives of public sector banks, who met the new Reserve Bank of India(RBI) Governor, requested the central bank to relax the prompt…
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Banking Correspondent (BC)
11, Dec 2018 | Banking
Introduction: Banking Correspondents (BCs) are individuals/entities engaged by a bank in India (commercial banks, Regional Rural Banks (RRBs) and Local Area Banks (LABs)) for providing banking services…
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Centre RBI Difference
15, Oct 2018 | Banking
Context: There are many differences and contentions points between RBI and the central government on managing Indian economic fabric, creating tensions between them. Though there…
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Internal Ombudsman
04, Sep 2018 | Banking
RBI introduces Internal Ombudsman Scheme for stronger redressal of banks customer complaints. About: The banking regulator has asked all the Scheduled Commercial Banks having 10…
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India Post Payments bank
03, Sep 2018 | Banking
Prelims: Indian Economy Prime Minister Narendra Modi launched India Post Payments Bank (IPPB) under Indian postal department, in a bid to take banking to the…
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RBI on stressed assets
12, Aug 2018 | Banking
The Reserve Bank of India (RBI) has started scrutiny of 200 large accounts to assess level of stress and provisioning done against them by respective…
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Inter Creditor Agreement
24, Jul 2018 | Banking
Lenders of the country signed an agreement known as Inter-creditor agreement (ICA) among themselves to grant power to the lead lender of the consortium to…
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Sunil Mehta Committee
22, Jul 2018 | Banking
A committee under Sunil Mehta was set up to give recommendation on formation of an Asset Reconstruction Company for quicker resolution on stressed assets. Committee…
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Current Affairs Calendar

M	T	W	T	F	S	S
	1	2
3	4	5	6	7	8	9
10	11	12	13	14	15	16
17	18	19	20	21	22	23
24	25	26	27	28	29	30
31

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Banking

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Current Affairs Calendar

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