A look into recent RBI decisions

The Reserve Bank of India’s third quarter recapitulation of monetary policy was devoid of major surprises. The only change in monetary policy instruments was a cut in the Cash Reserve Ratio (CRR) by 0.50% point to 5.5%. This decision will ..

Month: Current Affairs - February, 2012

FSLRC asked to review PF and small savings norms

Recently, the Financial Sector Legislative Reforms Commission (FSLRC) has been asked by the government to review of the rules governing Employees Provident Fund Organization (EPFO), government securities and small savings schemes such as public provident fund (PPF) and National Savings ..

Month: Current Affairs - November, 2011

Category: Government Schemes Current Affairs

Banking & Finance Update

April 17, 2009: RBI Turns Net Foreign Exchange BuyerApril 18, 2009 : RBI widens scope of unsecured loansApril 20, 2009 : IFC-backed funds to pick up equity in Indian infra projects April 20, 2009 : Meltdown hits Rs 5,500cr solar ..

Month: Current Affairs - May, 2009

Category: Government Schemes Current Affairs

General Compendium-2

1. What are State Finance Commissions?2. What are Functions of State Finance Commissions?3. Which sectors get Funds granted by State Finance Commission?4. In which state State Finance Commissions have been set up till now?5. What is Financial Emergency Under Article ..