Page-23 of Economy & Banking Current Affairs - 2024
RBI Mandates Flexible Options for Personal Loan Borrowers
The Reserve Bank of India (RBI) has directed regulated entities, including banks and NBFCs, to provide personal loan borrowers the flexibility to switch from floating to fixed rate interest regimes at the time of interest rate resets. In a circular, ..
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs - 2024
Credit Suisse and UBS Global Wealth Report
For the first time since the 2008 financial crisis, global household wealth has experienced a decline due to rising interest rates and persistent inflation. However, amidst the challenges, the situation offers a glimmer of hope. The annual Credit Suisse and ..
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs - 2024
UDGAM (Unclaimed Deposits – Gateway to Access inforMation)
The Reserve Bank of India (RBI) has introduced a Centralised Web Portal named UDGAM (Unclaimed Deposits – Gateway to Access inforMation). This portal, developed by the RBI, enables the public to conveniently search for unclaimed deposits across multiple banks from ..
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs - 2024
SEBI Cuts IPO Listing Time to Three Days
In a landmark decision aimed at streamlining the capital market operations, the Securities and Exchange Board of India (SEBI) has ushered in a new era for public issues. Revamped Listing Time-Frame SEBI recently announced a crucial reduction in the time ..
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs - 2024
SEBI’s New Online Dispute Resolution (ODR) System
The Securities and Exchange Board of India (Sebi) has been making remarkable strides in safeguarding the interests of investors. To enhance the grievance redressal process, Sebi has announced the launch of an Online Dispute Resolution (ODR) mechanism, which aims to ..
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs - 2024
“Still Unprepared” Report
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 ..
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs - 2024 • Environment Current Affairs • Reports & Indexes Current Affairs