Modi government comes up with Bad Bank set up that will revolutionise the banking sector
The Modi government wants to push the credit to GDP ratio of the country, which stands at an abysmally low rate of around ...
Tag: RBI
How RBI’s MasterCard ban is helping VISA, UPI and RuPay
Mastercard CEO Ajay Banga and Richard Verma wanted lax treatment on data localisation norms, but RBI has banned Mastercard. With the ban on ...
And with just one move, RBI has sown the seeds of NCP’s downfall
In a step that would further weaken the hold of NCP over cooperative banks, RBI has harmonised the rules for the appointment of ...
Bad news for those who deposited black money during demonetisation and thought it was all over
The Reserve Bank of India on Tuesday wrote to all banks and directed them to store the CCTV footage belonging to the period ...
Dark day for Sharad Pawar— Cooperative banks will now be regulated by RBI and NCP is already up in arms
After the PMC bank scam, Prime Minister Narendra Modi’s government brought an ordinance to amend Banking Regulation Act. As per the act, Urban ...
India’s banking sector enters its golden era, the sector will grow at a breakneck pace
The report of the RBI Internal Working Group (IWG), which recommended entry of private players and NBFCs in the banking sector, has brought ...
Now Tatas, Birlas, Ambanis can set up their own banks. RBI all set to liberalise bank licensing
In a major step to improve India’s inefficient and lethargic banking industry, the RBI, banking regulator of the country, has decided to award ...
Rs 2000 currency notes could be phased out soon, but you don’t need to panic
As per the annual report of RBI, the central bank did not print a single note of 2000 rupees in FY 20 while ...
‘RBI is killing Cooperative banks,’ Rattled Sharad Pawar writes to PM Modi, as pet banks slip out of political control
Sharad Pawar, the NCP patriarch and apparently de facto ruler of Maharashtra, has written a letter to PM Modi in which he claimed ...
Tips to Prepare for RBI Assistant Mains Exam Section-wise
Cracked RBI Assistant Prelims 2020? It’s time to qualify RBI Assistant Mains 2020 with the same endeavor but more significant efforts. To guide ...
PMC bank is a classic case of how shadow banks, with limited or no regulation could be involved in such a large scale corruption
The collapse of PMC Bank has left the Indian banking sector with many questions over its regulatory framework, audit reports and the vigilance ...
The reasoning and math behind RBI’s Rs 1.76 trillion surplus transfer to government
Amid the media reports of ‘cyclical’ slowdown in Indian economy, RBI has brought some good news for the Modi government. The central bank ...
