Page-11 of Economy & Banking Current Affairs

RBI Releases Final Guidelines for Fintech SRO

May 31, 2024

The Reserve Bank of India (RBI) finished the rules for setting up a self-regulatory organization (SRO) for the growing fintech industry in 2023. This is better than the draft guidelines that were first suggested in January, after hearing from people ..

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ADB Commits $2.6 Billion to India for Various Projects

May 30, 2024

ADB, the Asian Development Bank, promised to give a large amount of money (2.6 billion USD) to India in 2023 for several development projects. As part of this promise, USD 23.53 million in professional help and USD 4.1 million in ..

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RBI Governor Unveils Key Financial Initiatives for 2023

May 29, 2024

To make financial services easier to get to and better at what they do, RBI Governor Shaktikanta Das recently launched three big projects: the Pravaah site, the Retail Direct Mobile App, and a FinTech Repository. These plans came from what ..

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Four European Union Banks Seek RBI Nod for Clearing Model

May 28, 2024

Four big European banks—Credit Agricole, Societe Generale, Deutsche Bank, and BNP Paribas—are asking the Reserve Bank of India (RBI) to let them use a third-party clearing model to keep buying and selling Indian government bonds and derivatives. As a result of ..

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Adani Ports Becomes First Adani Group Company to Join Sensex

May 28, 2024

The Adani Group’s Adani Ports and Special Economic Zone Ltd (APSEZ) will be added to the Sensex on the Bombay Stock Exchange (BSE) on June 24. With this important step forward, APSEZ is the first company under the Adani Group’s control ..

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Zig- Zimbabwe Rolls Out World Newest and Gold-Backed Currency

May 27, 2024

Zimbabwe recently tried to get their economy back on track, which is why they made a new currency in April called the Zimbabwe Gold (ZiG). As a result of major economic problems and the failure of earlier currencies, this is ..

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Centre Sanctions Rs 21,253 Crore to Tackle Kerala’s Crisis

May 27, 2024

The Indian Central Government gave the state of Kerala a lot of money at the end of May 2024 to help it deal with its economic problems. The Minister of State for Electronics and Information Technology told everyone about this ..

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Sebi Cracks Down on Gaming Apps Involved in Virtual Trading

May 27, 2024

The Securities and Exchange Board of India (Sebi) is keeping a closer eye on fantasy games and virtual trading platforms that use real share prices to mimic stock trading. This action comes after a lot of like-minded apps became famous ..

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