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Tag: RBI

Economy / Miscellaneous

Explained: What RBI discontinuing 7.75% saving bonds means to investors

June 2, 2020June 4, 2020 - by Abdul

News: Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription. Facts: The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018. Eligibility: The bonds were available for …

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Economy

RBI announces nine additional measures for strengthening the Economy

May 23, 2020May 25, 2020 - by Abdul

News:Reserve Bank of India(RBI) has announced several measures for strengthening the Economy in the uncertain times ushered in by the COVID-19 pandemic. Facts: Key measures: Repo Rate: It is the …

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Economy

RBI announces special liquidity facility for mutual funds

April 28, 2020April 29, 2020 - by Abdul

News: Reserve Bank of India(RBI) has announced a special window of ₹50,000 crore for Mutual Funds in view of the pressure that the fund houses are facing in the wake …

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Economy

RBI announces second set of measures to preserve financial stability

April 20, 2020April 21, 2020 - by Abdul

News:The Reserve Bank of India has come out with the second set of monetary policy measures to preserve financial stability after the government has extended the lockdown. Facts: Reverse Repo …

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Economy

RBI’s monetary Policy statement

March 28, 2020April 3, 2020 - by Abdul

News:Reserve Bank of India’s Monetary Policy Committee(MPC) has come out with its own measures to help deal with economic fall out of COVID-19 pandemic. Facts: RBI’s Measures Repo Rate:It is …

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Economy

RBI announces Rs 10,000 crore Open Market Operations(OMO)

March 19, 2020March 19, 2020 - by Abdul

News:The Reserve Bank of India(RBI) has announced Rs 10,000 crore open market operations in a bid to increase liquidity and enhance confidence in the market amid the coronavirus crisis. Facts: …

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Economy

RBI releases new guidelines for payment aggregators

March 19, 2020March 19, 2020 - by Abdul

News:The Reserve Bank of India (RBI) has released guidelines for regulating activities of Payment Aggregators(PAs) and Payment Gateways(PGs) in the country. Facts: About:Reserve Bank of India(RBI) has defined Payment Gateways …

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Economy

Maharashtra loses top slot as attractive investment destination to Andhra in FY’19: RBI study

February 15, 2020February 15, 2020 - by Abdul

News: Reserve Bank of India has released the data on the top attractive investment destination states. Facts: Key Highlights from the study: In 2018-19,Andhra Pradesh accounted for the highest share …

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Economy

RBI planning umbrella entities for retail payment systems

February 13, 2020February 13, 2020 - by Abdul

News:The Reserve Bank of India(RBI) has released a draft framework for authorisation of a pan-India New Umbrella Entity(NUE) for Retail Payment Systems. Facts: About New Umbrella Entity(NUE): The new pan-India …

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Economy

RBI issues notification on CRR leeway for new retail, MSME loans

February 12, 2020February 12, 2020 - by Abdul

News:RBI has exempted banks from maintaining cash reserve ratio(CRR) for loans to retail and micro, small and medium enterprises for five years if these loans are extended between January 31 …

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