Topic: Reserve Bank of India (RBI)
“Depositor Education and Awareness” (DEA) Fund
Unclaimed deposits in the banking sector have been a persistent concern, prompting regulatory bodies to take proactive steps to protect consumer interests. The Reserve Bank of India (RBI)...
RBI Guidelines on OTS
The Reserve Bank of India (RBI) has recently introduced significant changes to the regulations governing one-time settlements (OTS) and technical write-offs of loans. The RBI has issued detailed... RBI Guidelines on Default Loss Guarantee
The Reserve Bank of India (RBI) has taken a significant step by allowing a ‘first loss default guarantee’ (FLDG) arrangement between regulated entities and lending service providers. This... Antardrishti Dashboard
RBI Governor Shaktikanta Das recently launched a financial inclusion dashboard called ‘Antardrishti’, marking a significant step towards promoting financial inclusion in India. This innovative tool aims to provide...
Draft Master Directions on Cyber Resilience and Digital Payment Security Controls for PSOs
The Reserve Bank of India (RBI) has recently made an important move in the field of cyber resilience and digital payment security. They have released the draft Master...
Currency Demand Paradox
The currency demand paradox, often referred to as the “paradox of banknotes,” is a phenomenon where the value of banknotes in circulation increases despite a decline in their... Expected Loss-based Approach for Bad Loan Provisioning
The Reserve Bank of India (RBI) has outlined its plans for the upcoming financial year, 2023-24. Among the proposed measures to strengthen the bad loan resolution ecosystem is...
Lightweight Payment and Settlement System
The Reserve Bank of India (RBI) is paving the way for a lightweight payment and settlements system, which it aptly calls a “bunker.” The Purpose of the Lightweight...
What is C-KYC Database?
The Reserve Bank of India (RBI) has recently classified the Centralised Know Your Customer (c-KYC) database as high risk, posing challenges for financial institutions. This move has prompted...
RBI Withdraws Rs.2,000 Denomination Notes
The Reserve Bank of India (RBI) has recently taken a significant step by withdrawing the Rs 2000 banknotes from circulation. Reasons for the Withdrawal The RBI has decided... ‘100 Days 100 Pays’ Campaign
The Reserve Bank of India (RBI) recently announced the launch of the ‘100 Days 100 Pays’ campaign on June 1. This campaign aims to trace and settle the...
