SLR Current Affairs, GK & News

RBI List of Scheduled Banks – Update

The Reserve Bank of India (RBI) recently included Airtel Payment Bank in the second schedule of RBI Act, 1934. And HDFC, ICICI and SBI are to remain as D – SIB. D – SIB is Domestic Systematically Important Banks. Criteria for a D – SIB The bank should belong to the category of CET 1. ..

Month: Current Affairs - January, 2022

Category: Economy & Banking Current Affairs - 2022

Topics: Basel III • CET 1 • Common equity • Common Equity Tier • CRAR • CRR • DTL • HDFC • Icici • NPA • RBI • SBI • Scheduled Banks • SLR

On Tap Licence for Small Finance Banks

The Reserve Bank of India (RBI) is considering to issue “on tap” licensing for small finance banks. The on-tap licensing will allow entities to approach the RBI for obtaining licences for small finance banks on meeting laid-down criteria. RBI wants to cash in the potential of small finance banks in promoting banking facilities for small ..

Topics: Cash Reserve Ratio • CRR • FDI • Foreign direct investment • Local Area Banks • Micro-finance Institutions • NBFC • On Tap Licence • Priority sector lending • RBI • Reserve Bank of India • SLR • Small Finance Banks • Statutory liquidity ratio

What is a Contractionary Policy?

Contractionary Policy refers to the monetary policy which aims to slow down the economy by introducing a reduction in money supply for lesser money and investment. There are many economic tools used by the Central Bank of every nation like CRR, SLR, Repo, Reverse Repo, Interest Rate etc. to keep a check on the volume ..

Topics: Inflation • Investment • Money Supply • Repo Rate • Reserve Bank of India • Reverse Repo Rate • SLR • Unemployment

What is the meaning of Call Money Rate?

Call Money Rate stands for the interest rate on short-term loans which are given by banks to brokers for funding of margin accounts. These do not have any repayment schedule and has to be repaid on demand. Although trading on margins is risky as it is done with borrowed money but then there is obvious ..

Topics: Margin Account • Short-term loan • SLR

RBI cuts SLR, releases Rs 60,000 crore

RBI slashed the Statutory Liquidity Ratio (SLR) by 1 percentage point from 24 % to 23 % which is expected to provide liquidity of around Rs 60, 000 crore. It kept the major indicative policy rates unchanged while it slashed the gross domestic product (GDP) projections for the current financial year from 7.3 % to ..

Month: Current Affairs - August, 2012

Topics: Banking • Economy • Finance • Financial economics • Financial ratios • Inflation • Market liquidity • Monetary Policy • Money • Repurchase agreement • SLR • Statutory liquidity ratio