Current Affairs

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Page-8 of Banking Current Affairs

SEBI: New Benchmarking Norms for Portfolio Managers

The Securities and Exchange Board of India (SEBI) has released new guidelines titled “Performance Benchmarking and Reporting of Performance by Portfolio Managers”. The guidelines, which will come to...

December 19, 2022

Single-block-and-multiple debit in UPI

At the end of the recently held Monetary Policy Committee’s Meeting, RBI Governor announced that UPI’s capacity will be enhanced through the introduction of single block and multiple...

December 8, 2022

RBI Framework on Indian Banks’ Foreign Businesses

On December 1, the Reserve Bank of India has unveiled a framework allowing overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities that are...

December 5, 2022

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...

December 5, 2022

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...

December 3, 2022

SEBI Framework for Online Bond Platform Providers (OBPPs)

Securities and Exchange Board of India (SEBI) has released a regulatory framework for the online bond platform providers (OBPPs) to streamline their operations. What are the key features...

November 16, 2022

BHIM App open-source license model

BHIM App open-source license model was announced by the National Payments Corporation of India (NPCI). What is BHIM App open-source license model? Under the BHIM App open-source license...

November 11, 2022

Pakistan to Implement Interest-free Banking System

The Pakistan Government is planning to implement an interest-free banking system in the country from 2027 under the Islamic law. What is interest-free banking system? The concept of...

November 11, 2022

IPPB: India’s First Floating Financial Literacy Camp

India’s first floating financial literacy camp was organized recently by India Post Payments Bank (IPPB) About the Floating Financial Literacy Camp India’s First Floating Financial Literacy Camp was...

November 4, 2022

RBIH-IPPB collaboration for innovation

The Reserve Bank of India Hub (RBIH) and the India Post Payments Bank are collaborating to improve society’s access to financial solutions. Key features The RBIH and the...

October 22, 2022

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