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Page-30 of Topic: Reserve Bank of India

Shaktikanta Das: 25th Governor of RBI

India’s former economic affairs secretary and current member of the Finance Commission Shaktikanta Das is to be appointed as next RBI Governor. He will be the 25th Governor...

December 11, 2018

Repo rate keeps unchanged at 6.5%

Reserve Bank of India (RBI) in its fifth bimonthly monetary policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo...

December 6, 2018

RBI relaxes rules for NBFCs to sell or securitise their loan books to ease persistent stress in sector

Reserve Bank of India (RBI) relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their loan books in bid to ease persistent stress in the sector....

November 30, 2018

Major Banking Reforms of 21st Century

India is one among the top 10 economies in the world. Banking sector in India is robust and forms the most dominant segment of the financial sector. The...

November 28, 2018

RBI starts process to set up PCR for capturing borrowers’ details

The Reserve Bank of India (RBI) has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters...

November 5, 2018

RBI decides to keep repo rate unchanged at 6.5%

The Reserve Bank of India (RBI) has kept all key policy rates unchanged in its fourth bi-monthly monetary policy review, which is recently announced on October 5, 2018....

October 7, 2018

Internal Ombudsman (IO) scheme 2018 gives statutory powers to Internal Ombudsman

The Reserve Bank of India (RBI) has recently introduced Internal Ombudsman (IO) scheme 2018 to tighten internal grievance redressal system at Scheduled Commercial Banks (SCBs). In it, RBI...

September 5, 2018

Mauritius remains top source of FDI into India in 2017-18: RBI

According to Reserve Bank of India (RBI) data, Mauritius was top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore. The total FDI in...

September 3, 2018

RBI approves transfer of surplus amounting to Rs 500 billion to Union Government for FY18

The Reserve Bank of India (RBI) has approved the transfer of surplus amounting to Rs 500 billion (Rs 50,000 crore) to the Government of India (GoI) for FY18....

August 10, 2018

Monetary Policy Committee (MPC) of RBI hikes policy repo rate by 25 basis points to 6.50%

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) hiked policy repo rate by 25 basis points to 6.50% in its third bi-monthly monetary policy...

August 2, 2018

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