iv.RBI decided to allow issuance of RuPay Prepaid Forex (Foreign Exchange) cards by banks in India for use at ATMs, PoS machines and online merchants overseas to expand payment options for Indians travelling abroad. About the Reserve Bank of India (RBI): Governor– Shaktikanta Das Deputy Gove...
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 ...
• RBI Deputy Governor Viral Acharya has submitted his resignation. He was in-charge of the Monetary Policy Department. • In Gymnastics, India's Pranati Nayak clinched a bronze medal in vault event at the Senior Asian Artistic Championships in Ulaanbaatar, Mongolia.• Saudi Arabia becomes th...
Speaking on the development, R Gandhi, former Deputy Governor, RBI said, 'At that time, the RBI was very conservative in terms of allowing new entrants into the banking system. So, only two entities were found suitable as compared to other applicants for the licence. As per the previous ...
The West Bengal government has decided to make the Chief Minister the Chancellor of State-run universities, instead of the Governor.Governors in state universities and their role?In most cases, the Governor of the state is the ex-officio chancellor of the universities in that state. This is a...
• The Reserve Bank of India has appointed its former Deputy Governor R. Gandhi as an additional director on the board of private sector lender Yes Bank with immediate effect.• Nepal's mountaineer Kami Rita Sherpa has become the first person to climb to the top of Mouth Everest for the...
Mr. Patel, who spent over five years at the RBI, including in his role as the Deputy Governor, advised stakeholders to stay the course even in the face of difficulties. On the Supreme Court striking down the February 12, 2018 circular, which was also a major bone of contention between hi...
Mahabaleshwara MS, Chief General Manager of the bank has received the award from HR Khan, Deputy Governor of RBI and Ashwani Kumar, Chairman of IBA in Mumbai. News 18: Indologist David Schulman wins Israel Prize for religious studies Renowned Indologist, Professor David Dean Shulman was awarded...
The Government has decided to bring the provisions of amended RBI Act regarding constitution of MPC into force. The MPC will have 6 members: 3 Members will be from the Reserve Bank of India (RBI), including the Governor, who will be the ex-officio Chairperson, the Deputy Governor and one...
i.The four new appointees will be part of the 10 non-official directors of the Governing body of the RBI appointed by the Government from time to time. ii.The official full-time directors of the RBI governing board consist of the Governor and four deputy governors. ...