Page-2 of RBI

RBI,SEBI,and NSE Actions after Adani Row

February 3, 2023

After the Hindenburg report, Gautham Adani who was the second richest person in the world slipped to the 21st position according to the Bloomberg Billionaires Index. In the last ten days, he lost 108 billion USD. Hindenburg alleged Adani of ..

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Maiden Tranche of Sovereign Green Bonds

January 26, 2023

The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds. They are similar to government securities. The first tranche, meaning the first part or ..

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CII Business Confidence Index

January 16, 2023

The Confederation of Indian Industry (CII) has reported that the latest CII Business Confidence Index for the October-December quarter rebounded to its highest reading in almost two years, with a value of 67.6. This is an increase from 62.2 in ..

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Kerala Becomes Country’s First Fully Digital Banking State

January 10, 2023

Kerala has become the first state in India to enable digital banking in all eligible accounts. According to the State-Level Bankers’ Committee (SLBC), the state now has at least one product enabled digitally in 3.76 crore accounts. The state government, ..

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RBI Releases Annual Report on Ombudsman Schemes

January 9, 2023

The Reserve Bank of India (RBI) has released its annual report on the “consumer education and protection activities” carried out during the 2021-2022 financial year as part of its Ombudsman Schemes. The report covers the activities of the three ombudsman ..

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RBI’s Launch of Utkarsh 2.0

January 2, 2023

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the foundation laid by Utkarsh 2022, which was launched in July 2019 and ..

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RBI norms for import of Gold

May 28, 2022

The Reserve Bank of India (RBI) introduced norms for facilitating the physical import of gold through India International Bullion Exchange (IIBX) or any authorized exchange by Qualified Jewellers in India. The exchange should be authorized by the International Financial Services ..

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RBI surplus transfer to government – Update (May, 2022)

May 24, 2022

The Reserve Bank of India (RBI) board recently approved the transfer of ₹30,307 crores to the central government for the financial year 2021-22. This is the lowest dividend in ten years. The huge investments of RBI in reverse repo operations ..

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