Page-6 of Topic: Reserve Bank of India (RBI)
RBI report on State Finances: A Study of Budgets of 2021 – 22
The Reserve Bank of India recently released its report on “State Finances: A Study of Budgets of 2021 – 22”. According to the report, the combined debt –...
RBI’s new norms for Private banks- Highlights
On November 26, 2021, Reserve Bank of India (RBI) released new norms for Private Banks. Highlights Under the new norms, RBI has accepted the suggestion to increase cap...
RBI: Banks to place consumer education info on websites
The Reserve Bank of India (RBI) issued a set of clarifications on November 12, 2021 regarding its existing asset classification guidelines. Under the guidelines, banks have been asked...
PM launches two RBI initiatives for investors
Prime Minister Narendra Modi launched two customer-centric initiatives of the Reserve Bank of India (RBI) for investors on November 12, 2021. Key Points The two initiatives are- RBI...
‘HARBINGER 2021 – Innovation for Transformation’ – RBI’s first global hackathon
Reserve Bank of India (RBI) is set to organise its first global hackathon called ‘HARBINGER 2021–Innovation for Transformation’ focusing on digital payments. Key Points The global hackathon will...
RBI: Commitment to Support Greening India’s Financial System
The Reserve Bank of India (RBI) published its ‘Statement of Commitment to Support Greening India’s Financial System – NGFS’ on November 3, 2021 in order to contribute towards...
RBI’s Revised PCA framework- Things to Know
Reserve Bank of India (RBI) modified its prompt corrective action (PCA) framework on November 3, 2021 to exclude the profitability parameter from its triggers list. Key Points In...
RBI: All micro loans must be collateral-free
The Reserve Bank of India (RBI) has proposed to make micro-lending collateral-free for all the lenders, rather than just for microfinance institutions (MFIs). Highlights This proposal was announced...
RBI caps NBFC IPO Funding
The Reserve Bank of India (RBI) announced a scale-based regulation of non-banking finance companies on October 22, 2021. Key Points RBI’s regulation also comprises of a ceiling on...
RBI proposes minimum 11.5% capital for four AIFIs
Reserve Bank of India (RBI) proposed a minimum of 11.5% capital for four all India financial institutions (AIFI). Key Facts This minimum capital was proposed in accordance with...
RBI fines Paytm Payments Bank and Western Union
Reserve Bank of India (RBI) has imposed monetary penalty on two payment system operators viz., Paytm Payments Bank Ltd (PBBL) as well as Western Union Financial Services Inc....