Financial Sector
RBI’s Launch of Utkarsh 2.0
The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the foundation laid by Utkarsh 2022, which was launched in July 2019 and ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024
Second Round of Quarterly Employment Survey
The Union Ministry of Labour and Employment recently released the second round of Quarterly Employment Survey. According to the survey, nine sectors hired two lakh people. This accounted to 85% of the total employment of the country. The survey was ..
Month: Current Affairs - January, 2022
Category: Reports & Indexes Current Affairs
19th meeting of FSDC held in New Delhi
The 19th meeting of Financial Stability and Development Council (FSDC) was held in New Delhi under the Chairmanship of Union Finance Minister Arun Jaitley. The meeting was attended by RBI Governor Dr. Urjit R. Patel, SEBI chairman, IRDAI Chairman along ..
Month: Current Affairs - October, 2018
IMF and WB jointly release Financial System Stability Assessment report
The International Monetary Fund (IMF) and World Bank (WB) has released the Financial System Stability Assessment (FSSA) and Financial Sector Assessment (FSA) respectively. It was second comprehensive Financial Sector Assessment Program (FSAP) of Indian financial system undertaken by the joint ..
Month: Current Affairs - December, 2017
17th meeting of FSDC held in New Delhi
The seventeenth Meeting of the Financial Stability and Development Council (FSDC) was held in New Delhi under the Chairmanship of the Union Minister of Finance Arun Jaitley. The meeting was attended by RBI Governor Dr. Urjit R. Patel, SEBI chairman, ..
Month: Current Affairs - August, 2017
Government proposes setting up Financial Data Management Centre
The Union Government has proposed setting up Financial Data Management Centre (FDMC) based on recommendation of a committee set up under the Department of Economic Affairs (DEC). The Committee was headed by Ajay Tyagi, Additional Secretary in Union Finance Ministry ..