RBI Board Current Affairs, GK & News

RBI sets up P K Mohanty Panel to Review Ownership of Private Banks

On June 12, 2020, the Reserve Bank of India has constituted an internal working group. The working group is to review guidelines of ownership of private sector banks. Highlights The panel constituted by the apex bank is to examine regulations to hold financial subsidiaries through non-operative financial holding company. The group is to be headed ..

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RBI Board clears proposal to introduce Rs 200 notes

The board of the Reserve Bank of India (RBI) has cleared a proposal to introduce banknotes of Rs200 denomination. The decision was taken at the RBI board meeting held in Mumbai in March 2017. The process of printing the new Rs 200 notes is likely to begin after June 2017 once the government officially approves ..

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