Page-34 of RBI
Former RBI Deputy Governor S S Tarapore passes away
Renowned economist and former deputy governor of the Reserve Bank of India (RBI) S.S. Tarapore passed away in Mumbai, Maharashtra. He was 80. As an economist, he was well known for his strong views on issues—ranging from inflation to capital ..
Month: Current Affairs - February, 2016
RBI rates unchanged in 6th bi-monthly monetary policy review
The Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy review for year 2016 has maintained status quo in key policy interest rate. The key policy interest rates were kept unchanged on the basis of an assessment of ..
Month: Current Affairs - February, 2016
Government reappoints Urjit Patel as Deputy Governor of RBI for a second term
The Union Government has reappointed Dr Urjit Patel as Deputy Governor of Reserve Bank of India (RBI) for a second three-year term. As Deputy Governor of RBI, Dr Patel looks after Monetary Policy, Economic Policy Research, Deposit Insurance, Statistics and ..
Month: Current Affairs - January, 2016
RBI Governor Raghuram Rajan awarded 2016 Central Banker of the Year Award
Reserve Bank of India (RBI) Governor Raghuram Rajan has been conferred with the Central Banker of the Year Award (Global and Asia Pacific) for year 2016. The award has been bestowed upon him by the The Banker, a monthly publication ..
RBI imposes Rs 1 crore fine on State Bank of Travancore
The Reserve Bank of India (RBI) has imposed a monetary penalty of one crore rupees on State Bank of Travancore, an SBI associate bank for violation of some of its instructions. The monetary penalty was imposed on State Bank of ..
Month: Current Affairs - January, 2016
Recommendations of Deepak Mohanty Committee on Medium-term Path on Financial Inclusion
The Reserve Bank of India (RBI) has released the Report on Medium-term Path on Financial Inclusion submitted by 14-member committee headed by RBI Executive Director Deepak Mohanty. RBI had constituted the committee in July 2015 to examine the existing policy ..
Month: Current Affairs - December, 2015
RBI extends deadline to exchange pre-2005 notes to June 30, 2016
Reserve Bank of India (RBI) has extended the deadline for exchanging pre-2005 currency notes of various denominations by another six months to June 30, 2016. From January 1, 2016 such facility for exchanging pre-2005 currency notes will only be available ..
Month: Current Affairs - December, 2015
RBI keeps repo rate unchanged in 5th bi-monthly monetary policy review
Reserve Bank of India (RBI) in its fifth bi-monthly monetary policy review has maintained status status quo in key policy interest rate. The key policy interest rates were kept unchanged on the basis of an assessment of the current and ..
Month: Current Affairs - December, 2015
Subir Gokaran appointed as Executive Director of IMF
Renowned economist Subir Gokaran has been appointed as an Executive Director on the board of the International Monetary Fund (IMF). Mr. Gokarn’s name was cleared by Appointments Committee of Cabinet (ACC) headed by Prime Minister Narendra Modi. He will replace ..
Month: Current Affairs - November, 2015
RBI Governor Raghuram Rajan appointed as Vice Chairman of BIS
Reserve Bank of India (RBI) Governor Raghuram Rajan has been appointed as vice chairman of the board of directors of the Bank for International Settlements (BIS). With this, he became the first Indian to be appointed to this position in ..