Page-5 of Topic: Reserve Bank of India (RBI)
What are Sovereign Green Bonds?
During the Union Budget presentation, the Finance Minister Nirmala Sitaraman announced the issuance of “Green bonds”. These bonds are to be issued to mobilise green infrastructure resources. What...
Conversion or Switch operations
The Government of India recently held conversion operation. It is also called Switch operation. Under the operation, the government bought back securities from the Reserve Bank of India....
Banking on electric Vehicles in India Report
The NITI Aayog has suggested including electric vehicles in the priority sector of lending guidelines of RBI. This will give a push to retail lending of electric vehicles....
RBI’s Digital Payment Index
The Reserve Bank of India recently released the Digital Payment Index. According to the index, the digital payments in the country have increased by 40% in September 2021...
India’s Retail Inflation in December 2021
The retail inflation in India increased to 5.59% in December 2021. This is the highest in the last five months. The inflation data was released by the Ministry... Rise in Banking Ombudsman complaints
The Reserve Bank of India (RBI) released its “Annual Report of the Ombudsman Schemes for the year 2020-21”, highlighting a rise in Banking Ombudsman complaints. Key Findings of...
Urjit Patel – New Vice President of AIIB
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... RBI’s Fin-Tech Department
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?...
RBI Financial Stability Report (FSR)- Highlights
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... What is RBI’s Card Tokenisation Rule?
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... Prompt Corrective Action (PCA) Framework for NBFCs- Things to Know
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... 