Shaktikanta Das Current Affairs, GK & News
India’s Forex reserves touch all-time high of $612.73 billion
In the week ended 16th July, India’s foreign exchange reserves rose by $835 million to touch a record high margin of $612.73 billion. In the week ended 9th July the reserves had surged to $611.895 billion from $1.883 billion. Highlights The increase in Forex reserves was due to the rise in foreign currency assets ..
Month: Current Affairs - July, 2021
Category: Banking Current Affairs • Economy & Banking Current Affairs
Topics: Foreign currency assets • Forex Reserves • India's Foreign exchange reserves • Reserve Bank of India • Shaktikanta Das
RBI’s second purchase under G-SAP 1.0
The Governor of Reserve Bank of India Shaktikanta Das recently announced that the apex bank will make the second purchase of Government securities under the G-Sec Acquisition Programme 1.0 on May 20, 2021. The first purchase was made in April 2021. The RBI purchased Rs 25,000 crores of Government Securities during the first purchase. What ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs
Topics: G-Sec Trading • Government Securities • Nirmala Sitharaman • Reserve Bank of India (RBI) • Shaktikanta Das
RBI: RTGS could be Expanded Beyond India
Governor of Reserve Bank of India, Shaktikanta Das, while speaking at 7th edition of India Economic Conclave has called for effective regulation which should help innovation in fintech space. Highlights According to RBI Governor, Real-Time Gross Settlement (RTGS) has multi-currency capabilities. So, there is scope to explore if it can be expanded beyond India. He ..
Month: Current Affairs - March, 2021
Category: Economy & Banking Current Affairs
Topics: Cash reserve ratio (CRR) • intra-day liquidity (IDL) • Real-Time Gross Settlement (RTGS) • Reserve Bank of India • Shaktikanta Das
RBI to create a ‘Specialised Supervisory and Regulatory Cadre’
The Reserve Bank of India’s (RBI’s) Central Board has decided to create a ‘Specialised Supervisory and Regulatory Cadre’ within the RBI. Key Highlights About: The decision to create a Specialised Supervisory and Regulatory Cadre within the RBI was taken at the recent two-day meeting of Reserve Bank of India’s (RBI’s) Central Board which was held ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs
Topics: IL&FS • Medium Term Strategy Document • NBFC • Non-Banking Financial Companies • RBI Governor • RBI’s Central Board Meeting • RBI’s Mission and Vision Statements • Reserve Bank of India • Shaktikanta Das • Specialised Supervisory and Regulatory Cadre
Nilekani Panel on Digital Payments submits report to RBI
The Reserve Bank of India (RBI) appointed committee on ‘suggestions on promoting digital payment’ has submitted its report to RBI Governor Shaktikanta Das. The committee was headed by Nandan Nilekani, also known as Aadhaar Architect. Key Highlights Background: In January 2019 RBI had set up a five-member panel headed by Nilekani, on deepening digital payments ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs
Topics: Aadhaar Architect • Centre for Innovation • Digital India • Digitisation of Payments • Incubation & Entrepreneurship • Nandan Nilekani • Nilekani Panel on Digital Payments • Payment And Settlement Systems In India: Vision 2019 – 2021 • RBI • RBI Governor • Reserve Bank of India • Shaktikanta Das