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RBI and Finance Ministry to meet to decide on First Half Borrowing Plan

The Finance Ministry and the Reserve Bank of India is to hold a meeting on March 31, 2020...

📅 March 30, 2020

RBI approves Mega Bank Consolidation Plan

The Reserve Bank of India is to implement a merger plan of 10 state-run banks into 4 larger...

📅 March 29, 2020

RBI: Cuts repo rate to 4.4%; CRR to 3%; 3-month moratorium allowed on all loans

On March 27, 2020, the Reserve Bank of India announced series of measures to counter economic slowdown caused...

📅 March 27, 2020

Recapitalization of Regional Rural Banks approved by Union Cabinet

The Union Cabinet under the chairmanship of PM Modi on March 25, 2020, approved the recapitalization of regional...

📅 March 26, 2020

What is Forex Swap and LTRO suggested by RBI governor to support Liquidity in India?

The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not...

📅 March 17, 2020

Exposure Limits for Urban Cooperative Banks revised by RBI

On March 13, 2020, the Reserve Bank of India revised exposure limits of Urban Cooperative Banks. Earlier the...

📅 March 14, 2020

GoI to create 75 lakh Self Help Group by 2022

On March 8, 2020, Minister of Rural Development Narendra Singh Tomar announced that more than 17 lakh Self...

📅 March 9, 2020

RBI capped Rs 50,000 as withdrawal limit of YES Bank customers: What is YES BANK CRISIS in news?

On March 5, 2020, the Reserve Bank of India imposed a month-long moratorium. Also, the Apex Bank has...

📅 March 6, 2020

SC Ruling on Cryptocurrency Ban

The Supreme Court quashed ban on cryptocurrency imposed by the Reserve Bank of India. This is expected to...

📅 March 5, 2020

IIT to set up Data Science Centre at Kanjikode campus

The Indian Institute of Technology, Palakkad is to set uo a research centre in data science. The centre...

📅 February 21, 2020

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