Malegam Committee Current Affairs, GK & News
The Reserve Bank of India (RBI) has transferred surplus (dividend) of Rs. 50,000 crore to Government for year ended in June 2018, over 63% more than Rs 30,659 crore which it transferred in 2017. Significance of Surplus RBI surplus forms sizeable chunk of revenue which government earns under head of ‘non-tax’, which is mainly dividends ..
The Reserve Bank of India (RBI) has constituted a high-powered panel on urban cooperative banks (UCB). It will be headed by RBI Deputy Governor R Gandhi and comprise of eight member who will be experienced bankers. They will submit its report within three months from the date of its first meeting. This high-powered panel will ..