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Page-44 of Economy & Banking Current Affairs

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

RBI Proposes Transparent Mechanism for Declaring Wilful Defaulters

The Reserve Bank of India (RBI) has introduced a robust and transparent mechanism for the classification of wilful defaulters, aimed at strengthening accountability and making it more challenging...

September 22, 2023

RBI Directs Regulated Entities to Release Property Documents Promptly

The Reserve Bank of India (RBI) has issued directives to all Regulated Entities (REs), including banks and non-banking financial companies (NBFCs), to release original movable or immovable property...

September 15, 2023

Global Debt as a Share of Economic Output Declined in 2022

The International Monetary Fund (IMF) reported that global debt as a share of economic output decreased for the second consecutive year in 2022, but this trend may be...

September 14, 2023

Future of Money Report

A report titled “Future of Money” by venture capital firm Blume Ventures suggests that Central Bank Digital Currencies (CBDCs) have the potential to replace physical cash in the...

September 14, 2023

RBI Encourages Fintech Self-Regulatory Organizations (SROs) for Ethical Practices

Reserve Bank of India (RBI) Governor Shaktikanta Das has called upon fintech entities to establish Self-Regulatory Organizations (SROs). He emphasizes the need for SROs in the fintech sector...

September 9, 2023

RBI to Phase Out Incremental Cash Reserve Ratio (I-CRR)

The Reserve Bank of India (RBI) has announced the phased discontinuation of the Incremental Cash Reserve Ratio (I-CRR), introduced on August 10, 2023. Following a review, the RBI...

September 9, 2023

NPCI Introduces Innovative Digital Payment Products for Inclusive Ecosystem

The National Payments Corporation of India (NPCI) has introduced a suite of groundbreaking digital payment products, unveiling them during the Global Fintech Fest 2023 in Mumbai. This initiative,...

September 7, 2023

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