Page-4 of Reserve Bank of India
Maiden Tranche of Sovereign Green Bonds
The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds. They are similar to government securities. The first tranche, meaning the first part or ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024
RBI’s Proposed “Expected Loss-Based Approach” for Provisioning by Banks
The Reserve Bank of India (RBI) recently proposed a framework for the adoption of an expected loss-based approach for provisioning against loan loss by banks in India. Background Presently, banks in India are required to make loan loss provisions based ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024
BharatPe Gets Nod for ePayment Aggregator Licence
Fintech unicorn BharatPe recently announced that it has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator. The approval was granted to the company’s wholly-owned subsidiary, Resilient Innovations Private Ltd. This comes as ..
Month: Current Affairs - January, 2023
Category: Science & Technology Current Affairs
RBI Releases Annual Report on Ombudsman Schemes
The Reserve Bank of India (RBI) has released its annual report on the “consumer education and protection activities” carried out during the 2021-2022 financial year as part of its Ombudsman Schemes. The report covers the activities of the three ombudsman ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024 • Reports & Indexes Current Affairs
Reserve Bank of India to Issue Sovereign Green Bonds
The Reserve Bank of India (RBI) has announced its plans to issue Sovereign Green Bonds worth Rs 8,000 crore in two tranches on January 25 and February 9. The proceeds of the bonds will be used to fund public sector ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024
RBI’s Systemic Risk Survey (SRS)
The Reserve Bank of India’s (RBI) latest Systemic Risk Survey (SRS) has shown that global spillovers, financial market and general risks have increased, while macroeconomic risks have moderated. The survey, which was conducted in November 2022 and solicited the perceptions ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024