Bimal Jalan Committe

The Bimal Jalan Committee which was formed under former RBI Governor Jalan on December 26, 2018, to investigate the economic capital framework (ECF) for the Reserve Bank of India. Why was it formed? As per conventional estimates, the RBI has ..

Change of Rules in Banking Sector

The Reserve bank of India has made a few changes in the banking sector. These include the removal of the minimum balance penalty charges by the banks. Also, the need to seed & link bank accounts with AADHAR has been ..

RBI fines banks for violations

The Reserve Bank of India (RBI) has imposed stiff financial penalties on the State Bank of India(SBI) and the Union Bank of India (UBI) for the violation of specific RBI Regulatory violations. While SBI was fined a significant sum of ..

WPI Inflation in India

As per the data released on 15th July, it was observed that the Wholesale price-based inflation (WPI) declined for the second consecutive month to its 23-month low of 2.02 % in June. What has happened? The WPI index declined to ..

Strengthening Corporate Bond Market

The corporate bond market in India has failed to take off in spite of measures in successive budgets and at least half a dozen committees mandated by the government, the RBI and the Securities and Exchange Board of India (SEBI) ..

Utkarsh 2022

Utkarsh 2022 is the three- year roadmap of the Reserve Bank of India (RBI) to improve regulation and supervision, among other functions of the central bank. Roadmap of RBI Utkarsh 2022 is in line with the RBI’s plan to strengthen ..

Tapan Ray Committee on Core Investment Companies

The Reserve Bank of India (RBI) has formed a committee headed by Tapan Ray to review regulatory guidelines and supervisory framework applicable to core investment companies (CICs). What is core Investment Company? RBI defines Core Investment Company (CIC) as a ..

Regulation of Housing Finance Corporations

The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The inclusion of RBI in the regulatory role would mean stringent asset quality ..