Page-38 of Economy & Banking Current Affairs

RBI Guidelines on OTS

June 9, 2023

The Reserve Bank of India (RBI) has recently introduced significant changes to the regulations governing one-time settlements (OTS) and technical write-offs of loans. The RBI has issued detailed guidelines aimed at streamlining the process and ensuring greater accountability in these ..

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RBI Guidelines on Default Loss Guarantee

June 9, 2023

The Reserve Bank of India (RBI) has taken a significant step by allowing a ‘first loss default guarantee’ (FLDG) arrangement between regulated entities and lending service providers. This move aims to enhance the digital lending sector and mitigate credit risks ..

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Antardrishti Dashboard

June 7, 2023

RBI Governor Shaktikanta Das recently launched a financial inclusion dashboard called ‘Antardrishti’, marking a significant step towards promoting financial inclusion in India. This innovative tool aims to provide valuable insights for assessing and monitoring the progress of financial inclusion by ..

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Additional Disclosure Norms for “High-Risk” FPIs

June 2, 2023

The Securities and Exchange Board of India (SEBI) has recently released a consultation paper aimed at strengthening investor protection and promoting transparency in the Indian securities market. It recently unveiled a consultative paper that called for mandatory additional disclosure norms ..

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Currency Demand Paradox

June 1, 2023

The currency demand paradox, often referred to as the “paradox of banknotes,” is a phenomenon where the value of banknotes in circulation increases despite a decline in their use for payments. This intriguing trend has been observed in several nations ..

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Expected Loss-based Approach for Bad Loan Provisioning

May 31, 2023

The Reserve Bank of India (RBI) has outlined its plans for the upcoming financial year, 2023-24. Among the proposed measures to strengthen the bad loan resolution ecosystem is the introduction of an expected loss-based approach for provisioning. This method allows ..

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SEBI Guidelines for IPF and ISF

May 31, 2023

Comprehensive guidelines were issued recently by SEBI for the Investor Protection Fund (IPF) and Investor Services Fund (ISF). These guidelines cover various aspects, including the constitution, management, contribution, and utilization of the funds. Additionally, SEBI has provided a Standard Operating ..

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Lightweight Payment and Settlement System

May 31, 2023

The Reserve Bank of India (RBI) is paving the way for a lightweight payment and settlements system, which it aptly calls a “bunker.” The Purpose of the Lightweight Payment System The RBI envisions the lightweight payment system as a means ..

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