On March 27, 2020, the Reserve Bank of India announced series of measures to counter economic slowdown caused due to COVID-19. The Central bank advanced its Monetary Policy...
The Union Cabinet under the chairmanship of PM Modi on March 25, 2020, approved the recapitalization of regional rural banks (RRB) to improve the capital to risk weighted...
The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not hesitate to deploy them. Two of the measures suggested by...
On March 13, 2020, the Reserve Bank of India revised exposure limits of Urban Cooperative Banks. Earlier the RBI permitted 15% of its capital funds to single borrowers...
On March 8, 2020, Minister of Rural Development Narendra Singh Tomar announced that more than 17 lakh Self Help Groups (SHGs) are to be developed by 2022. Currently,...
On March 5, 2020, the Reserve Bank of India imposed a month-long moratorium. Also, the Apex Bank has imposed withdrawal restrictions of Rs 50,000 to the customers. However,...
The Supreme Court quashed ban on cryptocurrency imposed by the Reserve Bank of India. This is expected to revive the almost extinct industry in India. Cryptocurrency Cryptocurrency is...
The Indian Institute of Technology, Palakkad is to set uo a research centre in data science. The centre being set up at Kanjikode aims at providing a platform...
