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Page-32 of Topic: RBI

Union Government appoints three economists to Monetary Policy Committee

The Appointments Committee of Cabinet (ACC) has appointed three economists as the external appointees on the Monetary Policy Committee (MPC). They are Pami Dua, Chetan Ghate and Ravindra...

September 23, 2016

Urjit Patel assumes charge as 24th RBI Governor

Eminent economist, consultant and banker Dr. Urjit Patel has assumed charge as the 24th Governor of the Reserve Bank of India (RBI). Dr. Patel succeeds Raghuram Rajan who...

September 5, 2016

RBI asks banks to extend loans to women SHGs at 7% rate

Reserve Bank of India (RBI) has asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG). This...

August 26, 2016

Urjit Patel appointed as 24th Governor of RBI

Union Government has appointed Urjit Patel (52) as new Governor of Reserve Bank of India (RBI). He will be 24th Governor of RBI He will have tenure of...

August 20, 2016

RBI keeps policy rates unchanged in 3rd bi-monthly monetary policy review

The Reserve Bank of India (RBI) in its third bi-monthly monetary policy review for year 2016-17 has maintained status quo in key policy interest rate. It was last...

August 9, 2016

RBI constitutes Tarun Ramadorai committee to look at household finances in India

The Reserve Bank of India (RBI) has constituted Dr. Tarun Ramadorai committee to study various facets of household finance in India. The committee will be chaired by Tarun...

August 6, 2016

Union Government fixes an inflation target of 4 percent for five years

The Union Government has set an inflation target of four per cent for the next five years i.e. till March 31, 2021. In this regard, Union Government will...

August 6, 2016

RBI launches portal to curb illegal money

The Reserve Bank of India (RBI) has launched a website (sachet.rbi.org.in) to curb illegal and unauthorised pooling of funds by unscrupulous firms. The website was launched by RBI...

August 5, 2016

RBI sets up Sudarshan Sen-headed Working Group on Fin Tech and Digital Banking

The Reserve Bank of India (RBI) has set up an inter-regulatory Working Group to study the regulatory issues relating to Financial Technology (Fintech) and Digital Banking in India...

July 15, 2016

Sudarshan Sen appointed Executive Director of RBI

Sudarshan Sen has been as Executive Director of the Reserve Bank of India (RBI). He will replace NS Vishwanathan who was elevated as Deputy Governor of RBI. In...

July 5, 2016

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