Page-8 of Topic: RBI
RBI Syncs Financial Year with the Fiscal Year
On February 15, 2020, the board of Reserve Bank of India (RBI) decided to sync the Financial year of the bank with the Fiscal Year. The Fiscal Year...
RBI to release Digital Payment Index by July 2020
The Reserve Bank of India announced that it will create a Digital Payment Index by July 2020. The main aim of the index creation is to capture the... RBI releases bi-monthly policy: Repo rate unchanged
On February 6, 2020, the Reserve Bank of India released its bi-monthly monetary policy. The apex bank has kept the policy repo rate unchanged. It remains at 5.15%....Cabinet approves amendment to bring Cooperative Banks under RBI Regulation
On February 5, 2020, the Union Cabinet approved to bring regulation of cooperative banks under Reserve Bank of India. In order to achieve this, the Cabinet approved amendments...
Budget 2020: Financial Sector
The Budget 2020-21 has been framed on the basis that Governance and Finances are the two major hands in achieving the three themes of the budget. The three...
Retail Inflation at 5-year high of 7.35% in December, 2019
According to the data released by Ministry of Statistics and Programme Implementation on January 13, 2020, the food inflation increased to 14.12% in December 2019 as compared to... India’s Foreign Exchange touches all time high of 457.468 billion USD
RBI announced that Foreign Exchange Reserves of India has swelled by 2.52 billion USD in the week that ended on December 27, 2019. The Central Bank also said...
GoI misses its disinvestment target
Government of India misses its disinvestment target as the plan to sell Bharat Petroleum Corporation Limited (BPCL), Air India and Container Corporation of India has not been succeeded.... ‘Mani App’ for Visually Challenged launched by RBI
India’s central bank, Reserve Bank of India(RBI) has launched a mobile app named ‘MANI’ on Wednesday, 1st January 2019 that will help in identifying the denomination of currency...
RBI launches MANI application for visually challenged
On January 01, 2020, the Reserve Bank of India launched the MANI application for visually challenged persons to identify new currency notes that were launched after demonetization. MANI... RBI Financial Stability Report: NPAs will increase
On December 27, 2019, RBI released Financial Stability Report. The report is biennial and reflects the collective assessment of the Sub-committee of Financial Stability and Development Council. The... 