Page-26 of RBI
The Impact of Crude Price Shock on CAD, Inflation and Fiscal Deficit
The RBI has released a paper titled ‘The Impact of Crude Price Shock on CAD, Inflation and Fiscal Deficit’. The paper outlines how the crude price shock will have an adverse impact on current account deficit (CAD), Inflation and Fiscal ..
Month: Current Affairs - January, 2019
RBI forms expert committee to rejuvenate MSMEs
The Reserve Bank of India (RBI) has formed an expert committee to look into the various challenges being faced by MSMEs and suggest ways and measures to rejuvenate them. Composition of the Committee The eight-member committee would be chaired by ..
Month: Current Affairs - January, 2019
RBI proposes loan restructuring of MSMEs
The RBI has proposed a one-time loan restructuring scheme for micro, small and medium enterprises (MSMEs). The loan restructuring would be a big relief for troubled small businesses hit by demonetisation in late 2016 and the implementation of goods and ..
Month: Current Affairs - January, 2019
RBI launches SRPHi
The Reserve Bank of India (RBI) has launched Survey on Retail Payment Habits of Individuals (SRPHi). The Survey will capture payment habits of individuals in cities of Delhi, Mumbai, Kolkata, Chennai, Bengaluru and Guwahati. About the Survey Sigma Research & Consulting Pvt ..
Month: Current Affairs - January, 2019
RBI releases Fiscal Stability Report
The bi-annual Fiscal Stability Report discussing issues relating to the development and regulation of the financial sector has been released by the RBI. The Fiscal Stability Report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development ..
Month: Current Affairs - January, 2019
Bimal Jalan Panel on Economic Capital Framework
The Reserve Bank of India (RBI) has set up an expert committee, headed by its former governor Bimal Jalan, to suggest how the central bank should handle its reserves and whether it can transfer its surplus to the government. The committee ..
Month: Current Affairs - December, 2018
Six IT Firms in race to for setting up Public Credit Registry
The Reserve Bank of India (RBI) has shortlisted six major IT firms to set up a wide-based digital Public Credit Registry (PCR) for capturing details of all borrowers and wilful defaulters. The RBI will now seek request for proposal from the ..
Month: Current Affairs - December, 2018
Shaktikanta Das: 25th Governor of RBI
India’s former economic affairs secretary and current member of the Finance Commission Shaktikanta Das is to be appointed as next RBI Governor. He will be the 25th Governor of the apex bank of the country. About Shaktikanta Das Shaktikanta Das ..