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Page-12 of Topic: Reserve Bank of India (RBI)

RBI extends curbs on PMC Bank till 30 June

Reserve Bank of India (RBI) has extended restrictions on withdrawals and deposits in Punjab & Maharashtra Cooperative (PMC) Bank till 30 June, 2021. This decision was taken as...

March 27, 2021

RBI sets up Panel to Evaluate Bank Applications

The Reserve Bank of India (RBI) has set up a “standing external advisory committee (SEAC)” on March 23, 2021. This panel will evaluate the applications for the universal...

March 23, 2021

LIC-owned IDBI Bank removed from PCA framework

The Reserve Bank of India (RBI) has removed IDBI Bank from the Prompt Corrective Action (PCA) framework which is the enhanced regulatory supervision of RBI on March 10,...

March 11, 2021

RBI’s State of the Economy Report

The Reserve Bank of India has recently published its State of the Economy Report. The report highlights that, the Indian state refiners’ daily gasoline sales in February 2021...

March 1, 2021

RBI’s Report on Currency and Finance 2020-21

A Currency and Finance (RCF) report by Reserve Bank of India (RBI) official has recommended that, the time span that was considered to measure whether monetary policy-setting panel...

February 26, 2021

FinMin allows all Private Banks to Participate in Government Business

The finance ministry has allowed all the private sector banks to participate in business related to government such as small savings schemes and collection of taxes pension payments....

February 25, 2021

RBI brings State Bank of Sikkim under its regulatory purview

The Reserve Bank of India (RBI) has brought the State Bank of Sikkim under its regulation. State Bank of Sikkim It is a state-owned banking institution. The headquarter...

February 22, 2021

What is Credit Default Swap?

The Reserve Bank of India revealed the credit default swaps (CDS) and has allowed the retail users to do the transactions in permitted credit derivatives in order to...

February 17, 2021

RBI Data on Bank Credit and Deposits

The Reserve Bank of India (RBI) has recently released its data on the Bank Credit and Deposits. Key findings The data shows that, the Bank credit grew by...

February 16, 2021

Global Hackathon: NPCI PayAuth Challenge

The National Payments Corporation of India (NPCI) has announced to launch ‘NPCI PayAuth Challenge’. It is a global-level hackathon that will be organised to get the alternatives of...

February 11, 2021

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