Page-9 of Topic: Reserve Bank of India
What is the objective of RBI’s new 20000 cr-special OMO?
In a recent announcement, the Reserve Bank of India declared its intention to conduct simultaneous purchase and sale activities of government securities under the Open Market Operations for...
What is the special OMO which has been launched by the RBI? How does it impact the economy?
The Reserve Bank of India recently declared that it is going to conduct simultaneous purchase and sale activities of government securities under the Open Market Operations for an...
NPCI International Payments Limited (NPIL): set up by NPCI for international market operations
The National Payments Corporation of India has set up ‘NPCI International’ to operate its international market of Unified Payment Interface, instant payment service, and its electronic payment card...
RBI launches National strategy for Financial Education for 2020-25
The Reserve Bank of India has come up with the Second National Strategy for Financial Education (NSFE) for the time period of 2020-25. The document of the apex...
RBI formulated new regulations framework for Umbrella entity for retail payments
The Reserve Bank of India formulated a new framework for the establishment of a new umbrella entity for retail payments. According to RBI, the entity will be handed...
RBI approves Dividend of Rs 57,000 crore to Government
The Central Board of the Reserve Bank of India has approved the transfer of Rs 57128 crores as the dividend to the Central government for the accounting year... RBI constitutes a panel for Loan restructuring
The Reserve Bank of India has formed a five-member committee under the chairmanship of former ICICI Bank CEO KV Kamath to make recommendations regarding the financial parameters to... RBI Consumer confidence Survey: Highlights
According to the Consumer Confidence Survey carried out by the Reserve Bank of India, it has been observed that the consumer confidence has seen the lowest-ever level in...
RBI increases Gold loan amount to 90% of pledged gold value
The Reserve Bank of India has relaxed the norms for gold lending in the country and with this; the lenders can now give loans up to the value... RBI to set up innovation hub for Financial Sector
The Reserve Bank of India has announced that it is setting up an Innovation Hub to promote innovation across the financial sector by utilizing technology for various things.... RBI keeps Repo Rate Unchanged at 4%
The Monetary Policy Committee of the Reserve Bank of India has decided to keep the Repo Rate unchanged during the bi-monthly policy review of the apex bank. The... 