Malegam Committee Current Affairs, GK & News
RBI to pay Rs. 50,000 crore dividend to Government for FY18
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 ..
Month: Current Affairs - August, 2018
Topics: Banking • Business • Dividend • Economy • Malegam Committee • RBI
RBI constitutes high level panel on urban cooperative banks (UCB)
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 ..
Month: Current Affairs - January, 2015
Topics: Current Affairs 2016 • Malegam Committee • RBI Deputy Governor R Gandhi • Reserve Bank of India (RBI) • Urban Cooperative Banks (UCB)