Page-11 of Reserve Bank of India (RBI)
What is COVID Loan Book?
The Reserve Bank of India recently opened an on-tap liquidity window of Rs 50,000 crores. Note: On-tap means ready to. On-tap liquidity window is funds that are to be provided immediately. Liquidity is cash. What is the plan? Under this ..
Month: Current Affairs - May, 2021
RBI joins Network for Greening the Financial System- NGFS
The Reserve Bank of India recently joined the Network for Greening the Financial System (NGFS). By joining the system, RBI is to learn from and contribute to the Global Climate risk management in the financial sector. Ultimately, the apex bank ..
Month: Current Affairs - April, 2021
RBI Guidelines for Tenure of Bank CEOs and MDs
The Reserve Bank of India recently laid down set of instructions to improve the corporate bank governance. RBI Guidelines The post of MD and CEO shall not be held by the same person for more than 15 years. However, they ..
Month: Current Affairs - April, 2021
Sudarshan Sen Committee of RBI
The Reserve Bank of India recently set up a committee to study about the Asset Reconstruction Companies (ARC) in the country. The committee will evaluate the role of ARCs in debt resolution and will review their business model. About the ..
Month: Current Affairs - April, 2021
Regulations Review Authority 2.0
The Reserve Bank of India recently established the Regulations Review Authority (RRA) 2.0. The authority is to function for a period of one year. Functions of RRA 2.0 The RRA will review the regulatory prescriptions internally. It will also review ..
Month: Current Affairs - April, 2021
National Housing Bank: Rs 10,000 crore Special Refinance Facility launched
The National Housing Bank recently launched the “Special Refinance Facility”, 2021. Rs 10,00 crores has been allocated to this facility. Special Refinance Facility, 2021 The main objective of the facility is to provide short term refinance support to the housing ..
Month: Current Affairs - April, 2021
What is Currency Chest?
Currency Chests are places where RBI (Reserve Bank of India) stocks money meant for banks and ATMs. The Currency Chests are located in different banks and are administered by the Reserve Bank of India. Why is Current Chest in news ..
Month: Current Affairs - April, 2021
RBI: Inflation Forecast Model Amended
The Reserve Bank of India recently revised its Inflation Forecast Model. The new model will capture how fiscal and monetary policy interact with real economy elements in a better way. About the New Inflation Forecast Model The new model is ..
Month: Current Affairs - April, 2021
RBI Consumer Confidence Index
The Reserve Bank of India recently released the report of Consumer Confidence Survey. The survey was conducted in major cities of the country over 5,000 respondents. Key Highlights of the survey The Consumer Confidence Index declined from 55.5 points in ..
Month: Current Affairs - April, 2021
What are Prepaid Payment Instruments?
The Reserve Bank of India recently made three main changes to the Prepaid Payment Instruments. What are Prepaid Payment Instruments? The Prepaid Payment Instruments or PPI are means through which purchase of goods and services shall be made against the ..