Page-4 of RBI

Geo-Tagging of Payment System Touch Points

March 28, 2022

The framework that is related to geo-tagging of payment system touch points has been released by the Reserve Bank of India (RBI). Overview: This framework has been created as a part of RBI’s objective of deepening digital payments along with ..

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Reserve Bank Innovation Hub

March 26, 2022

The Reserve Bank Innovation Hub (RBIH) has been inaugurated by Shaktikanta Das, governor of the Reserve Bank of India (RBI) in Bengaluru. Overview: RBIH has been set up as a wholly-owned subsidiary of the RBI with Rs 100 crore as ..

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US Fed Rate Hike – Impact on India

March 17, 2022

In the first hike since 2018, the US Federal Reserve increased the interest rates by 25 basis points. Reasons for US Fed Rate Hike In February, inflation in the United States reached 7.9%, which is the highest in 40 years. ..

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Credit Guarantee Scheme for Subordinate Debt (CGSSD)

March 16, 2022

On 14th March Ministry of Micro, Small and Medium Enterprises (MSMEs) announced the extension of the Credit Guarantee Scheme for Subordinate Debt (CGSSD) by another year. About extension of the scheme Launched in June 2020, the Credit Guarantee Scheme for ..

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RBI Framework for Micro-finance Lenders

March 16, 2022

On 14th March Reserve Bank of India (RBI) announced Regulatory Framework on microfinance loans. Removal of margin caps The Reserve Bank of India (RBI) has done away with the margin caps on the pricing of small loans given by non-banking ..

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Moody’s India Growth Forecast- Update

February 25, 2022

The GDP growth prediction for India has been raised by Moody’s Investors Service. The prediction for the current financial year has been raised to 9.5 percent from 7 percent. Overview: The GDP forecast has been increased citing an economic recovery ..

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RBI: Amendments in Payments Systems Rules

February 25, 2022

The Reserve Bank of India has amended the Payments and Settlement Systems Regulations. This system allows the companies who are seeking to run payment businesses to apply for licenses from the regulator. Overview: The application for licensing should include the ..

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Banking on electric Vehicles in India Report

January 24, 2022

The NITI Aayog has suggested including electric vehicles in the priority sector of lending guidelines of RBI. This will give a push to retail lending of electric vehicles. According to the report released by NITI Aayog, the financing market size ..

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