About the Reserve Bank of India (RBI): Governor– Shaktikanta Das Deputy Governors– Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar Headquarters– Mumbai, Maharashtra Establishment– 1st April 1935 >> Read Full News SBM Bank India Launches World Elite Metal Debit ...
In December 2024, the Reserve Bank of India(RBI)imposed a penalty ofRs 5.50lakh on4 Cooperative Banks(CBs)from Karnataka for non-compliance with regulatory guidelines. The banks include Bengaluru(Karnataka) based Bharat Cooperative Bank Limited, Swami Vivekanand Sahakari Bank Niyamit, Sri Basaveshw...
be an accessible, electronic network, it will not involve the creation or deployment of a digital dollar. Many have speculated that FedNow is the government’ssubstitute for a CBDC, whereas others believe that, if successfully implemented, FedNow could eventually facilitate the integration of a ...
Reserve Bank of India (RBI): It is India's central banking institution, which controls the issuance and supply of the Indian rupee fines three banks for non-compliance of norms. RBI has announced that it has imposed a total penalty of Rs 2.2 crore on private sector lender Axis Bank in tw...
Governor Ganga Prasad administered the oath of office and secrecy to Golay and his cabinet members. SKM had won 17 of the 32 seats in the recently-concluded assembly polls. It ended the 25 year-long rule of SDF led by five-term CM Pawan Chamling PM-AASHA: Which stands for Annadata Aay ...
IFTAS, a wholly-owned subsidiary of Reserve Bank of India, appointed T Rabi Sankar as the Chairman and Dr. N Rajendran as the CEO of the organization. T Rabi Sankar is currently serving as Executive Director, Reserve Bank of India for Payment systems, Information Technology, Risk Management ...
In Current Affairs for 07 November 2023, we will see the latest national and international current affairs news. These important current affairs
Reserve Bank Innovation Hub Reserve Bank of India (RBI) governor Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru. About: The RBI has set up RBIH as a wholly owned subsidiary with an initial capital contribution of ₹100 crore. ...
Q1 The Reserve Bank of India (RBI) has proposed a comprehensive set of norms for sale of loans by banks which could be either standard or sub-standard. The move is aimed at building a robust secondary market for bank loans that could ensure proper price discovery and can be used as an ...
The Reserve Bank of India will shortly issue ₹ 20 denomination bank notes in the Mahatma Gandhi (New) Series, bearing the signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. The new denomination has the motif of Ellora Caves on the reverse, depicting the country's cultural...