Utkarsh 2022 is the three- year roadmap of the Reserve Bank of India (RBI) to improve regulation and supervision, among other functions of the central bank. Roadmap of RBI Utkarsh 2022 is in line with the RBI’s plan to strengthen the regulatory and supervisory mechanism. The three -year medium-term strategy of the RBI inter-alia covers ..
There are several types of the banks worldwide. Some important types of the Banks world-wide are as follows: Central Banks Central Banks, also known as Reserve Banks or Monetary Authorities are generally the top banking institution of a country with responsibilities such as managing currency, foreign exchange, money supply, interest rates etc. of that country. ..
Reserve Bank of India Act, 1934 was enacted on 6 March, 1934 to constitute the Reserve Bank of India. This law commended from April 1, 1935. It provides framework for the supervision of banks and other related matters. Important Provisions Section-3 Section 3 of the RBI act provides for establishment of Reserve Bank of India ..
Contractionary Policy refers to the monetary policy which aims to slow down the economy by introducing a reduction in money supply for lesser money and investment. There are many economic tools used by the Central Bank of every nation like CRR, SLR, Repo, Reverse Repo, Interest Rate etc. to keep a check on the volume ..
Capital Adequacy Ratio is also known capital-to-risk weighted assets ratio is used for the protection of depositors and promotion of stability of financial systems across the world. It is a measure of the capital of the bank which is expressed as a percentage of bank’s risk-weighted credit exposures. The ratio is usually decided by the ..