Page-10 of Reserve Bank of India (RBI)

Urjit Patel – New Vice President of AIIB

January 10, 2022

Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel He was born in Kenya. In 2018, he resigned as RBI governor. ..

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RBI’s Fin-Tech Department

January 10, 2022

The Reserve Bank of India (RBI) set up an internal “FinTech department” for focusing on the dynamically changing financial landscape in India. When was this department set up? As per RBI circular, the FinTech department was set up on January ..

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Domestic Systemically Important Banks (D-SIBs)

January 5, 2022

As per Reserve Bank of India (RBI), State Bank of India (SBI), HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), similar to 2020 list of D-SIBs. Highlights These three banks continue to be ..

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RBI Financial Stability Report (FSR)- Highlights

December 30, 2021

The Reserve Bank of India (RBI) released its Financial Stability Report on December 29, 2021. Key Points According to the report, stress tests have revealed that gross non-performing assets (GNPAs) of banks is likely to jump from 6.9 percent in ..

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What is RBI’s Card Tokenisation Rule?

December 24, 2021

Reserve Bank of India (RBI) recently extended the deadline for complying with the card information storage rules by another six months. Key Facts Deadline was extended because merchants and payments companies expressed their inability to comply with the December 31 ..

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Prompt Corrective Action (PCA) Framework for NBFCs- Things to Know

December 15, 2021

Reserve Bank of India (RBI) has brought non-banking finance companies (NBFCs) under the ambit of prompt corrective action (PCA) framework. Key Points Under the PCA framework, NBFCs will face restrictions when parameters such as capital adequacy ratio, non-performing assets, and ..

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