Economy & Banking Current Affairs - 2022
RBI Guidelines on OTS
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 ..
Tags: Reserve Bank of India • Reserve Bank of India (RBI)
Month: current affairs - june, 2023
Category: Banking Current Affairs
RBI Guidelines on Default Loss Guarantee
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 ..
Tags: Reserve Bank of India • Reserve Bank of India (RBI)
Month: current affairs - june, 2023
Category: Banking Current Affairs
Antardrishti Dashboard
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 ..
Tags: Financial inclusion • Financial Inclusuion • Reserve Bank of India (RBI)
Month: current affairs - june, 2023
Category: Banking Current Affairs • India Nation & States Current Affairs
Additional Disclosure Norms for “High-Risk” FPIs
The Securities and Exchange Board of India (SEBI) has recently released a consultation paper aimed at strengthening investor protection and promoting transparency in the Indian securities market. It recently unveiled a consultative paper that called for mandatory additional disclosure norms ..
Tags: SEBI • Securities and Exchange Board of India (SEBI) • Securities and Exchanges Board of India (SEBI)
Month: current affairs - june, 2023
Category: Banking Current Affairs
Currency Demand Paradox
The currency demand paradox, often referred to as the “paradox of banknotes,” is a phenomenon where the value of banknotes in circulation increases despite a decline in their use for payments. This intriguing trend has been observed in several nations ..
Tags: RBI • Reserve Bank of India (RBI)
Month: current affairs - june, 2023
Category: Banking Current Affairs
Expected Loss-based Approach for Bad Loan Provisioning
The Reserve Bank of India (RBI) has outlined its plans for the upcoming financial year, 2023-24. Among the proposed measures to strengthen the bad loan resolution ecosystem is the introduction of an expected loss-based approach for provisioning. This method allows ..
Tags: Reserve Bank of India • Reserve Bank of India (RBI)
Month: Current Affairs - May, 2023
Category: Banking Current Affairs