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Page-47 of Economy & Banking Current Affairs

Reserve Bank of India Launches Surveys for Monetary Policy Insights

On November 1, the Reserve Bank of India (RBI) announced the introduction of two significant surveys, the ‘Inflation Expectations Survey of Households’ and the ‘Consumer Confidence Survey,’ aimed...

November 2, 2023

RBI Eases Closure Rules for District Central Co-operative Banks

The Reserve Bank of India (RBI) has announced a significant change in its regulations, allowing District Central Co-operative Banks (DCCBs) to close un-remunerative branches without seeking prior permission...

October 31, 2023

RBI Mandates Minimum Two Whole-Time Directors for Indian Banks

The Reserve Bank of India (RBI) has introduced a crucial requirement for Indian banks, stating that they must now have a minimum of two whole-time directors (WTDs) on...

October 26, 2023

India’s Macroeconomic Resilience Amid Global Uncertainty

Amidst global uncertainty, India is gaining momentum in its economic performance, thanks to easing inflation and a stable rupee. The Reserve Bank of India (RBI) highlighted these positive...

October 20, 2023

G20 Expert Panel’s Recommendations on Reforming MDBs

A G20 expert panel dedicated to strengthening Multilateral Development Banks (MDBs) has urged these institutions to pivot from financing individual projects to prioritizing sectoral programs aligned with long-term...

October 20, 2023

UNCTAD Increases India’s 2023 Growth Forecast to 6.6%

The United Nations Conference on Trade and Development (UNCTAD) has raised India’s economic growth forecast for 2023 to 6.6%, up from the 6% predicted earlier. However, it anticipates...

October 5, 2023

RBI Forms Working Group for Credit Loss-Based Provisioning Transition

The Reserve Bank of India (RBI) has established a nine-member working group to propose a framework for a smoother transition to the expected credit loss-based provisioning system (ECL)....

October 5, 2023

SEBI to Implement Centralized KYC Reporting for Deceased Investors

The Securities and Exchange Board of India (Sebi) has unveiled a new framework aimed at streamlining the process of reporting and verification in the event of an investor’s...

October 4, 2023

RBI’s Monetary Policy: Repo Rate Unlikely to be Changed

The Reserve Bank of India’s (RBI) upcoming Monetary Policy Committee (MPC) meeting, scheduled from October 4 to 6, is expected to maintain the repo rate at 6.5 percent...

October 3, 2023

Sebi Enhances Transparency in Listing Rules for Non-Convertible Debt Securities

The Securities and Exchange Board of India (Sebi) has made significant amendments to the rules governing the listing of non-convertible debt securities issued by listed entities. These changes,...

September 22, 2023

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