Page-11 of Reserve Bank of India

RBI Sell/Buy Swap Auction

February 23, 2022

Reserve Bank of India (RBI) recently announced to undertake a “sell/buy swap auction” of USD 5 billion in March, 2022. Highlights The Sell/Buy Swap Auction will help in levelling the liquidity of rupee in the light of expected behemoth IPO ..

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25th Meeting of Financial Stability and Development Council

February 23, 2022

In the city of Mumbai, the Financial Stability and Development Council’s (FSDC) 25th meeting was held. This meeting was held under the chair of Finance Minister Nirmala Sitharaman. Overview: The council discussed the different mandates of the FSDC as well ..

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India’s UPI Platform in Nepal

February 18, 2022

The first country to adopt India’s UPI system will be Nepal which will be critical in modernising the neighbouring country’s digital economy. Overview: To deliver the services in Nepal, NPCI International Payments Ltd (NIPL), NPCI’s international arm, has partnered with ..

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RBI Window for Primary Dealers

January 5, 2022

The Reserve Bank of India recently provided a new special window for bond houses called “Primary Dealers”. The window allows to exchange illiquid securities. Illiquid securities are those securities that cannot be sold easily or directly. That is, the investors ..

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RBI approves NSDL e-Governance as Account Aggregator

November 19, 2021

Reserve Bank of India (RBI) approved the “NSDL e-Governance Infrastructure” as an account aggregator. Key Points NSDL e-Governance Infrastructure is an IT-enabled services provider. It got an in-principle approval from RBI for setting an account aggregator business under the wholly ..

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India’s foreign exchange reserves increased by USD 2.039 billion

October 16, 2021

As per RBI data, India’s foreign exchange reserves increased by USD 2.039 billion in the first week of October 2021. Highlights Foreign exchange now stands at USD 639.516 billion. In the last week of September, reserves had dropped by USD 1.169 ..

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