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Page-38 of Topic: RBI

RBI signs $400 million currency swap pact with Sri Lanka

The Reserve Bank of India (RBI) has signed a US $400 million currency swap agreement with the Central Bank of Sri Lanka. The currency swap agreement will allow...

March 25, 2015

Money Supply and Monetary Aggregates

All the money held with public, RBI as well as government is called Total Stock of Money. Money Supply is that part of this Total Stock of Money...

March 24, 2015

Money Market Reforms in India

Reserve Bank of India is the biggest regulator of the Indian markets. It controls the monetary policy of India. Its control is however limited to the organised part...

March 24, 2015

Certificate of Deposit

Certificate of Deposit (CD) refers to a money market instrument, which is negotiable and equivalent to a promissory note. It is either issued in demat form or in...

March 23, 2015

Priority Sector Lending

In the first week of September, 2020, the Reserve Bank of India has revised the Priority Sector Lending norms. As per the new guidelines, loans up to Rs....

March 16, 2015

What is Branch Banking?

Branch Banking is still an integral part of Indian banking system as most Indians still believe in cash transactions and prefer to visit banks in person for routine...

March 15, 2015

Drafting the Indian Financial Code

India’s financial market is deepening with the global interconnectedness and growing complexity in the economy. In such circumstances consumer at times become vulnerable to exploitation by the market...

March 13, 2015

NPCI links 15 crore bank accounts with Aadhaar

National Payments Corporation (NPCI) has successfully linked 15 crore Direct Benefit Transfer (DBT) accounts with the Aadhaar numbers. With this achievement NPCI has moved a step closer to...

March 7, 2015

RBI cuts repo rate by 25 basis points to 7.5 per cent

The Reserve Bank of India (RBI) on 4 March 2015 has cut down repo rate by 25 basis points to 7.5 percent from 7.75 percent, with immediate effect....

March 4, 2015

Union Government and RBI sign agreement to keep inflation below 6%

Union Government and the Reserve Bank of India (RBI) have signed an agreement on Monetary Policy Framework in order to move towards the RBI Governor Raghuram Rajan’s view...

March 3, 2015

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