Page-5 of Topic: Reserve Bank of India
New Member of Monetary Policy Committee (MPC)
The Reserve Bank of India’s (RBI) central board gave its approval to appoint Rajiv Ranjan as an ex-officio member of the RBI’s monetary policy committee. Who is Rajiv...
What are new Guidelines issued by RBI on Issuance of Credit and Debit Cards?
On 21st April 2022, the Reserve Bank of India (RBI) issued a fresh set of guidelines for the issuance of debit and credit cards. These newly issued guidelines...
What are New LEI Guidelines by RBI?
The guidelines on Legal Entity Identifier (LEI) for large borrowers of Primary (Urban) Co-operative Banks (UCBs) and Non-Banking Financial Companies (NBFCs) have been extended by the Reserve Bank...
RBI State of the Economy Report
The Reserve Bank of India (RBI) in its ‘State of the economy’ report cautioned that the surging commodity prices are causing inflation risks, especially through the surging of...
Retail Inflation and IIP in March
In March, the annual retail inflation of India rose to a 17-month high while there was a contraction in the factory output in February, thus complicating the policy...
RBI Draft Norms for Trade via E-commerce
The Reserve Bank of India has proposed to modify the existing norms that are in place with the aim of rationalizing and simplifying the process for payment settlement...
RBI: Cash Withdrawal via UPI
A cardless cash withdrawal facility has been made available at all ATMs by the Reserve Bank of India (RBI). This facility will be made available via the Unified...
RBI Guidelines on Digital Banking Units
The Reserve Bank of India (RBI) has recently released guidelines for the banks of the country to set up digital banking units (DBUs). An announcement regarding the setting...
RBI Monetary Policy April 2022- Highlights
The Reserve Bank of India led by Governor Shaktikanta Das has released the monetary policy update for April 2022. Policy Rates The Policy Repo Rate has been kept...
What is Positive Pay System?
The guidelines for the implementation of the Positive Pay System were issued by the RBI for the banks of the country. From 1st January 2021, this system has... Varnika: BRBNMPL Ink Manufacturing Unit
Reserve Bank of India’s wholly-owned subsidiary Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” at Mysuru, Karnataka. This new...
