Page-10 of Topic: Reserve Bank of India
Shyam Srinivasan Re-Appointed as Federal Bank MD & CEO
The Reserve Bank of India has approved the re-appointment of Shyam Srinivasan as the MD-CEO of the bank with effect from September 23, 2020, and it will continue...
20-member “Usha Thorat Committee” formed
On July 10, 2020, 20-member advisory committee under the leadership of former deputy governor of Reserve of Bank of India, Usha Thorat was formed. Highlights The Securities and...
Indian Air Force SASO conference inaugurated
On July 2, 2020, the Indian Air Force Senior Air Staff Officers (SASO) conference was inaugurated by Chief of air staff and air chief marshal. Highlights The conference...
RBI releases International Investment Position
On June 30, 2020, Reserve Bank of India released its data on International Investment Position, IIP. Highlights According to the data, the direct investment in the country rose...
Lifetime Achievement Award to Ex-RBI Governor Rangarajan
On June 29, 2020, former RBI Governor C Rangarajan was conferred with lifetime achievement award for his contributions. The award was presented on the side lines of celebration...
GoI introduces Floating Rate Savings Bonds
On June 26, 2020, the Government of India introduced Floating Rate Savings Bonds. Highlights The bond is to replace savings bonds that were offered by GoI till May...
Cooperative Banks brought under RBI
On June 24, 2020, the Union Cabinet chaired by PM Modi approved to bring cooperative banks under the Reserve Bank of India. This is to be done through...
Scheme with Guarantee Cover worth Rs 20,000 Crore launched for MSMEs
This scheme was announced as a part of the AtmaNirbhar Bharat Package by Finance Minister back on 13th May 2020. On 24th June 2020, the Credit Guarantee Scheme...
India becomes 12th Largest Holder of US Government Securities at April 2020 end
Despite low returns, the Treasury Securities (are of four types- Bills, Notes, Bonds, Inflation-Protected Securities) backed by the United States Treasury Department is one of the safest assets...
RBI extends restrictions on PMC Bank, eases Withdrawal Limit
The Reserve Bank of India on 19th June 2020 has extended the regulatory restrictions imposed on the multi-state urban Cooperative Bank, Punjab and Maharashtra Cooperative Bank Limited (PMC...
RBI extends authorization issued to Vakrangee to own and operate WLA
The Reserve Bank of India (RBI) has extended the validity of authorization issued to IT service management company Vakrangee, to setup, own and operate the White Label ATMs... 