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RBI Report on Currency and Finance

May 2, 2022

Recently, the Reserve Bank of India (RBI) released the Report on Currency and Finance (RCF) for the year 2021-22. What is the theme of the report? The theme of the report is “Revive and Reconstruct” in the context of nurturing ..

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Suman Bery – New Vice-chairperson of NITI Aayog

April 23, 2022

The central government appointed economist Suman Bery as the vice-chairman of NITI Aayog after Rajiv Kumar resigned from the post on 22nd April 2022. Overview: Kumar had been appointed as the vice-chairperson of NITI Aayog five years ago. The cabinet ..

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What are new Guidelines issued by RBI on Issuance of Credit and Debit Cards?

April 23, 2022

On 21st April 2022, the Reserve Bank of India (RBI) issued a fresh set of guidelines for the issuance of debit and credit cards. These newly issued guidelines will come into effect from July 1 2022 and will be applicable ..

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What is Positive Pay System?

April 7, 2022

The guidelines for the implementation of the Positive Pay System were issued by the RBI for the banks of the country. From 1st January 2021, this system has been implemented to safeguard banks against any cheque frauds. Overview: The National ..

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Geo-Tagging of Payment System Touch Points

March 28, 2022

The framework that is related to geo-tagging of payment system touch points has been released by the Reserve Bank of India (RBI). Overview: This framework has been created as a part of RBI’s objective of deepening digital payments along with ..

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Reserve Bank Innovation Hub

March 26, 2022

The Reserve Bank Innovation Hub (RBIH) has been inaugurated by Shaktikanta Das, governor of the Reserve Bank of India (RBI) in Bengaluru. Overview: RBIH has been set up as a wholly-owned subsidiary of the RBI with Rs 100 crore as ..

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