Page-4 of Banking Current Affairs

“Still Unprepared” Report

Created: August 7, 2023

In 2022, India experienced extreme weather events impacting the nation on a staggering 314 out of 365 days. As climate change accelerates, the urgency to address climate risks becomes paramount, especially for major Indian banks. A recent analysis conducted by ..

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“Depositor Education and Awareness” (DEA) Fund

Created: July 25, 2023

Unclaimed deposits in the banking sector have been a persistent concern, prompting regulatory bodies to take proactive steps to protect consumer interests. The Reserve Bank of India (RBI) established the Depositor Education and Awareness (DEA) Fund Scheme in 2014 to ..

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Current Account Deficit

Created: June 30, 2023

The current account deficit (CAD) plays a crucial role in assessing a country’s external sector. It measures the difference between the value of a nation’s imports and exports of goods and services.   Understanding CAD  Current Account Deficit serves as ..

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RBI Guidelines on OTS

Created: June 9, 2023

The Reserve Bank of India (RBI) has recently introduced significant changes to the regulations governing one-time settlements (OTS) and technical write-offs of loans. The RBI has issued detailed guidelines aimed at streamlining the process and ensuring greater accountability in these ..

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RBI Guidelines on Default Loss Guarantee

Created: June 9, 2023

The Reserve Bank of India (RBI) has taken a significant step by allowing a ‘first loss default guarantee’ (FLDG) arrangement between regulated entities and lending service providers. This move aims to enhance the digital lending sector and mitigate credit risks ..

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Antardrishti Dashboard

Created: June 7, 2023

RBI Governor Shaktikanta Das recently launched a financial inclusion dashboard called ‘Antardrishti’, marking a significant step towards promoting financial inclusion in India. This innovative tool aims to provide valuable insights for assessing and monitoring the progress of financial inclusion by ..

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