News: Reserve Bank of India(RBI) has operationalised the Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs) and Housing finance companies(HFCs). Facts: Aim: To improve the liquidity position …
Read MoreNews: Union Finance Ministry has launched Floating Rate Savings Bonds 2020 (Taxable) in place of 7.75 percent Savings (Taxable) Bonds,2018 which was discontinued for subscription. Facts:
Read MoreNews: Swiss National Bank has released the analysis of the latest annual banking statistics. Facts: Key Takeaways: Top Countries: UK was ranked first as it accounted for close to 27% …
Read MoreNews: Government has approved a 2% interest subsidy for Shishu loan account holders under the Pradhan Mantri Mudra Yojana(PMMY) for a period of 12 months to eligible borrowers. Facts: Pradhan …
Read MoreNews: The Central government has approved an Ordinance to bring all urban and multi-state co-operative banks under the direct supervision of the Reserve Bank of India(RBI). Facts: Aim: To empower …
Read MoreNews: Directorate General of Training(DGT) under the Ministry of Skill Development & Entrepreneurship(MSDE) in partnership with IBM has launched Skills Build Reignite Platform. Facts: Skills Build Reignite Platform: It is …
Read MoreNews: The World Bank has released the new Purchasing Power Parities (PPPs) for reference year 2017 under its International Comparison Program (ICP). Facts: International Comparison Program(ICP): It is the largest …
Read MoreNews: Union Minister of Micro, Small and Medium Enterprises(MSMEs) has launched Credit Guarantee Scheme for Subordinated Debt(CGSSD) which is also called “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”. Facts: Aim: To …
Read MoreNews: Reserve Bank of India(RBI) has proposed new guidelines for Housing Finance Companies(HFCs). Facts: What are Housing Finance Companies(HFC)? It means financing for purchase, construction or repair of residential dwelling …
Read MoreNews: The World Investment Report 2020 has been released by the UN Conference on Trade and Development(UNCTAD). Facts: The World Investment Report has been published annually since 1991.It covers the …
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