Current Affairs

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Page-33 of Topic: RBI

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

NS Vishwanathan appointed as deputy governor of RBI

The Union Government has appointed NS Vishwanathan as deputy governor of the Reserve Bank of India (RBI). His appointment was approved by the Appointments Committee of the Cabinet...

June 29, 2016

RBI introduces Scheme for Sustainable Structuring of Stressed Assets

The Reserve Bank of India (RBI) has issued guidelines called Scheme for Sustainable Structuring of Stressed Assets (S4A). The main aim of these guidelines is to (i) Strengthen...

June 14, 2016

RBI rates unchanged in 2nd bi-monthly monetary policy review for year 2016-17

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

June 8, 2016

RBI to issue Rs 1000 banknotes with inset letter R

The Reserve Bank of India (RBI) will shortly issue banknotes of 1000 rupees denominations with inset letter ‘R’ in both the number panels. These new banknotes will be...

May 11, 2016

RBI gives nod to Bharti Airtel's payments Bank Unit

The Reserve Bank of India (RBI) has given its in-principle approval to Bharti Airtel’s payments bank venture — Airtel M Commerce Services Ltd (AMCS). With this AMCS has...

April 12, 2016

RBI cuts repo rate by 25 basis points to 6.5%

The Reserve Bank of India (RBI) has cut down repo rate by 25 basis points to 6.5 per cent from 6.75 per cent, with immediate effect. It was...

April 5, 2016

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