RBI Unveils 4-tiered Regulatory Framework for Urban Cooperative Banks

A four-tiered regulatory framework for categorization of the Urban Cooperative Banks (UCBs) was recently released by the Reserve Bank of India (RBI). It had also announced norms concerning the net worth and capital adequacy of these banks. Why is the ..

Month: Current Affairs - December, 2022

Category: Economy & Banking Current Affairs - 2024

Global Wage Report 2022-2023

The report titled the “Global Wage Report 2022-2023: The Impact of inflation and COVID-19 on wages and purchasing power” was released recently by the International Labour Organization (ILO). What are the key findings of the report? Global wages declined in ..

Month: Current Affairs - December, 2022

Category: Reports & Indexes Current Affairs

Global Report on Health Equity for Persons with Disabilities

The Global report on health equity for persons with disabilities was released on December 2 by the World Health Organization (WHO). It was released ahead of the International Day of Persons with Disabilities (December 3). What are the key findings ..

Month: Current Affairs - December, 2022

Category: Reports & Indexes Current Affairs

RBI Launches Retail CBDC

After successfully launching the wholesale pilot project for central bank digital currency in November, the RBI commenced the retail CBDC pilot project from December 1. About RBI’s Retail CBDC Pilot Project On December 1, the first phase of the retail ..

Month: Current Affairs - December, 2022

Category: Economy & Banking Current Affairs - 2024

UN Panel Recommendation on Great Barrier Reef

A UN panel recommended the listing of Australia’s Great Barrier Reef as a world heritage site that is “in danger”. What is the Great Barrier Reef? The Great Barrier Reef is the world’s biggest coral reef ecosystem, having over 2,900 ..

Month: Current Affairs - December, 2022

Category: Environment Current Affairs

Australia-India Centre for Energy (AICE)

The Indian Institute of Technology (IIT) Madras and Australian Universities are collaborating to launch the Australia-India Centre for Energy (AICE) to work on the 2030 SDGs. What is Australia-India Centre for Energy (AICE)? The Australia-India Centre for Energy (AICE) is ..

Month: Current Affairs - December, 2022

Category: India Nation & States Current Affairs • International / World Current Affairs