Page-20 of Reserve Bank of India (RBI)
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 has failed in achieving its objectives or not should be of four ..
Month: Current Affairs - February, 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. Highlights Currently, only some of the big private sectors are allowed to ..
Month: Current Affairs - February, 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 of the bank is at Gangtok, Sikkim. It operates under the jurisdiction ..
Month: Current Affairs - February, 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 hedge their underlying credit risk. Key Highlights As per the guidelines, the ..
Month: Current Affairs - February, 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 5.93 per cent which now accounts for Rupees 5 lakh crore for ..
Month: Current Affairs - February, 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 the authentication of Unified Payments Interface (UPI) transactions. One such alternative options ..