Reserve Bank of India Current Affairs

The Reserve Bank of India (RBI) has rolled out updated Priority Sector Lending (PSL) guidelines that will take effect on April 1, 2025. These new rules are all about making credit more accessible to key sectors like agriculture, MSMEs, renewable energy, housing, education, and social infrastructure. With these revisions, we’re seeing higher loan limits, an

The Reserve Bank of India (RBI) has reported a significant increase in its net short position in the forward book, which surged to $77.5 billion by the end of January 2025, up from $67.9 billion in December 2024. This growth reflects the bank’s interventions in the forex market due to the depreciation of the rupee

The Reserve Bank of India (RBI) has been honored with the Digital Transformation Award 2025 by Central Banking in London, UK. This significant accolade showcases RBI’s successful launch of its digital initiatives—Pravaah and Sarthi—developed by its dedicated IT team. These innovations have notably enhanced RBI’s internal workflow management and external regulatory processes, leading to improved

The Reserve Bank of India (RBI) has launched a framework to officially recognize a Self-Regulatory Organisation (SRO) for the Account Aggregator (AA) ecosystem. This initiative is all about making data exchange smoother, tackling operational issues, and ensuring compliance with different regulatory bodies. The expectation is that this will boost coordination, standardization, and the resolution of

Micro, Small, and Medium Enterprises (MSMEs) are crucial to the Indian economy, significantly impacting employment and GDP. To ensure their growth and financial well-being, the Government of India, along with the Reserve Bank of India (RBI), has introduced several measures to improve credit access and ease financing for MSMEs. These initiatives focus on refining lending

The Reserve Bank of India (RBI) has announced the appointment of Dr. Ajit Ratnakar Joshi as its new Executive Director (ED), effective March 3, 2025. In this role, Dr. Joshi will oversee the Department of Statistics and Information Management as well as the Financial Stability Department. With more than 30 years of experience in statistics,

The Reserve Bank of India (RBI) has published the “Regulations at a Glance” handbook, compiled by the Department of Regulation (DoR), to provide a comprehensive overview of important regulatory guidelines for different banking entities, including cooperative banks. The handbook presents key regulations in a table format for quick reference, but it is not intended to