Page-2 of Reserve Bank of India (RBI)
‘100 Days 100 Pays’ Campaign
The Reserve Bank of India (RBI) recently announced the launch of the ‘100 Days 100 Pays’ campaign on June 1. This campaign aims to trace and settle the top 100 unclaimed deposits in every bank across all districts within a ..
Month: Current Affairs - May, 2023
Category: Economy & Banking Current Affairs
RBI Deadline for Transitioning to Alternative Reference Rate
The Reserve Bank of India (RBI) has recently issued a directive to banks and financial institutions, urging them to adopt an Alternative Reference Rate by July 1. This transition comes as part of a global effort to move away from ..
Month: Current Affairs - May, 2023
Category: Economy & Banking Current Affairs
Greenwashing TechSprint
The Reserve Bank of India (RBI) has recently opened a window to permit all India-based firms and innovators to take part in Global Financial Innovation Network’s first-ever Greenwashing TechSprint. The Role of GFIN GFIN, a renowned international organization, is hosting ..
Month: Current Affairs - May, 2023
Category: Economy & Banking Current Affairs
RBI Report on Currency and Finance
On May 3, the Reserve Bank of India (RBI) has released a report on currency and finance for the financial year (FY) 2022-23. The theme of the report is ‘Towards a Greener Cleaner India,’ which reflects India’s focus on reducing ..
Month: Current Affairs - May, 2023
Category: Reports & Indexes Current Affairs
Foreign Exchange Reserve
Foreign exchange reserves are the assets that a country’s central bank or monetary authority holds to ensure a balance of payments in the country, maintain stability in the financial market, and influence the foreign exchange rates of the currency. These ..
Month: Current Affairs - March, 2023
Category: Economy & Banking Current Affairs
‘Governor of the Year’ Award for 2023
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has been named “Governor of the Year” for 2023 by Central Banking, an international economic research journal. Das’s steady leadership during challenging periods, including the COVID-19 pandemic, the collapse ..
Month: Current Affairs - March, 2023
Category: Awards, Honours & Persons in News • Economy & Banking Current Affairs
RBI Study on GST Compensation receiving States
The Reserve Bank of India recently released its study of state finances. The report details the financial positions of the states and also presents an analysis of states receiving GST Compensation. Tamil Nadu is one of the five states in ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
Krishi Mahotsav – Exhibition and Training Programme
The literacy rate in rural India is around 73.5%. Most Indian farmers lag knowledge about modern farming methods, organic farming, and effective principles of animal husbandry. To train them in these fields, the Ministry of Agriculture and Farmer Welfare recently ..
Month: Current Affairs - January, 2023
Category: Important Days & Events Current Affairs
Tax – Paid Green Bond Issuance
The Government of India issues green bonds to develop the clean energy sector in the country. The bonds act as security for a loan. Usually, the bonds are tax-free. Taxes are exempted to increase the number of green projects in ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs • Environment Current Affairs
Stressed Assets Securitisation Framework
The Non – Performing assets, written–off assets, and restructured loans are grouped together as Stressed Assets. In simple words, there is no profitable revenue from these assets. Liquidating stressed assets are highly challenging. To make the sale process of these ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs