Financial stability: Current Affairs, GK & News - 2020-2021

Finance Minister launches eBkray; an e-auction platform

Published: December 29, 2019

On December 29, 2019, Finance Minister Nirmala Sitaraman launched “eBkray” to enable online auction of assets owned by banks. eBkray is an online portal that will act as a common platform to buy and sell assets through auction. Highlights The platform has property search features. It also has navigational links to the auction sites that ..

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RBI Financial Stability Report: NPAs will increase

Published: December 28, 2019

On December 27, 2019, RBI released Financial Stability Report. The report is biennial and reflects the collective assessment of the Sub-committee of Financial Stability and Development Council. The report said that the non-performing asset ratio of banks is increasing. It was 9.9% in September 2019 and may rise to 9.9% in September 2020. Highlights of ..

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FSDC Reviews Macroeconomic Credentials

Published: June 20, 2019

The Financial Stability and Development Council (FSDC) headed the Minister of Finance reviewed the current economic situation with all sectoral regulators and held discussions on the forthcoming budget. Financial Stability and Development Council Financial Stability and Development Council (FSDC) is the apex body which deals with macroprudential and financial regularities in the entire financial sector ..

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Finance Minister Arun Jaitley reviewes current global and domestic economic situation and financial sector performance

Published: October 31, 2018

Recently, the 19th meeting of the Financial Stability and Development Council (FSDC) held under the Chairmanship of the Union Finance Minister Arun Jaitley reviewed the current global and domestic economic situation and financial sector performance. Apart from liquidity in NBFCs (segmental liquidity position and in mutual fund space), the FSDC discussed on various economic issues ..

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FSDC Sub-Committee reviews financial events of country

Published: November 24, 2017

The Sub-Committee of Financial Stability and Development Council (FSDC) reviewed major global and domestic developments that could impinge country’s financial stability. The sub-committee meeting was headed by Reserve Bank of India (RBI) Governor Urjit Patel. Key Facts Sub-Committee of the FSDC also discussed setting up of National Centre for Financial Education (NCFE), operationalisation of information ..

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