They will not apply to zero-balance accounts that are opened under central and state government programmes for the purpose of crediting scholarship funds or Direct Benefit Transfers. As per the guidelines, the banks are required by RBI to evaluate those accounts on an annual basis that have not ...
KEYWORDS: FDI, Green Banking, RBI, Ecology, Central Government, Bio-diversity.Munnu Prasad VMuktha Kumar
ans. as per section 8 of the rbi act, 1934, the central government has the authority to appoint the governors and deputy governors in the reserve bank of india. government exams related links ibps so ibps po result rrb ntpc notification niacl ibps po sbi po cpo ssc chsl ssc je ssc ...
recentlywrote a letterto the Central Government asking it to urge state governments to not impose internet shutdowns. They stated that internet shutdowns affect critical digital services such as money transfers, online education and asked the government to consider alternative ways to address law...
7. Government has allowed derivative trading in 11 more commodities. Government has permitted trading in these 11 more commodities based on recommendations from SEBI. Finance Ministry has added these commodities under the Securities Contracts (Regulation) Act, 1956. ...
In response, the government stated that the eKYC process ensures the “right targeting and the inclusion of genuine beneficiaries.” The government added that the process of eKYC does not marginalize anyone; instead, it excludes ineligible beneficiaries. ...
Besides, banks preferred to invest in Government bonds which are risk free rather than lending to the private sector. In fact, about 300,000 crore liquidity created by RBI had been the bagged by Central Government by issuing bonds which were largely purchased by banks. Thus despite the...
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The RBI and all central banks play a key role in maintaining financial stability. The central banks work as a lender of last resort to do so. In many cases, commercial banks need loans to align their assets and liabilities. However, their capital may be invested in loans and other illiquid...
Everyone has been keenly waiting for theBudget 2022announcement from the Government and it’s taking place as we speak on Tuesday, 1st Feb 2022. There are always massive takeaways from the Budget annually, affecting people and businesses from different industries, different backgrounds, and different...