Page-5 of RBI

Urjit Patel – New Vice President of AIIB

Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel He was born in Kenya. In 2018, he resigned as RBI governor. ..

Month: 

Category: 

RBI List of Scheduled Banks – Update

The Reserve Bank of India (RBI) recently included Airtel Payment Bank in the second schedule of RBI Act, 1934. And HDFC, ICICI and SBI are to remain as D – SIB. D – SIB is Domestic Systematically Important Banks. Criteria ..

Month: 

Category: 

RBI Window for Primary Dealers

The Reserve Bank of India recently provided a new special window for bond houses called “Primary Dealers”. The window allows to exchange illiquid securities. Illiquid securities are those securities that cannot be sold easily or directly. That is, the investors ..

Month: 

Category: 

RBI report on State Finances: A Study of Budgets of 2021 – 22

The Reserve Bank of India recently released its report on “State Finances: A Study of Budgets of 2021 – 22”. According to the report, the combined debt – to – GDP ratio of states is to remain at 31% till ..

Month: 

RBI announces Second Tranche of purchase under G-SAP 1.0

The Reserve Bank of India recently announced that the second tranche of open market purchase of Government Securities is to be held on May 20, 2021. This is to be held under G-Sec Acquisition Programme. This second tranche is to ..

Month: 

RBI to conduct first SLTRO for small finance banks

The Reserve Bank of India recently announced that it is to conduct the first Special Long Term Repo Operation (SLTRO) of Rs 10,000 crores for Small Finance Banks. What is the plan? The RBI will conduct the SLTRO for each ..

Month: 

RBI sets up Committee to assist RRA 2.0

The Reserve Bank of India recently constituted a Committee under the Managing Director S Janaki Raman. The committee is to assist the second Regulatory Review Authority. About the Committee The committee will assist the authority to identify areas, guidelines, regulations ..

Month: 

T Rabi Sankar named RBI deputy governor

The Government of India recently appointed T Rabi Shankar as the fourth Deputy Governor. About T Rabi Shankar T Rabi Shankar is in charge of fintech, payment system, risk management and information technology at the Apex Bank. He has succeeded ..

Month: