The Reserve Bank of India capped both the tenure and age limit for senior management including that of chairmen in all private banks. While the cap for non-executive directors, and chairman is set at 75 years, their tenure is fixed for 8 years. Daily Current Affairs Quiz 2021 These ...

The Reserve Bank of India (RBI) will issue cybersecurity norms for payment service providers (PSPs) soon, following a series of data breaches faced by operators including Mobikwik and payment aggregator JusPay. Daily Current Affairs Quiz 2021 While the standards for fintech-driven payment ...

The Reserve Bank of India (RBI) decided to continue with the existing interim Ways and Means Advances (WMA) scheme limit of ₹51,560 crore for all States/ UTs shall for six months i.e., up to September 30, given the prevalence of COVID-19. Daily Current Affairs Quiz 2021 Ways and means ...

The Reserve Bank of India (RBI) set up a committee to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling them to meet the growing requirements. Daily Current Affairs Quiz 2021 ...

The Reserve Bank of India (RBI) announced the setting up of a regulatory review authority, RRA 2.0, to review its regulations internally and in consultation with other stakeholders. Daily Current Affairs Quiz 2021 Deputy Governor M Rajeshwar Rao has been appointed as the head of the RRA 2.0 ...

The Reserve Bank of India (RBI) released the Annual Report of the Ombudsman Schemes for the year 2019-20. Daily Current Affairs Quiz 2021 RBI has three Ombudsmen- Banking, Non-Banking Finance Company (i.e. NBFC) and digital transactions. A common man can approach these Ombudsmen for their ...

Reserve Bank of India has issued draft circular on declaration of dividend by non-banking financial companies (NBFCs) in pursuance to the announcement made in the monetary policy declared. Daily Current Affairs Quiz 2020 Key-Points Accordingly, deposit-taking NBFCs and systemically ...

The Reserve Bank has asked all lending institutions, including non-banking financial companies, to ensure that the scheme of waiver of interest on interest for loans up to Rs 2 crore for the six-month moratorium period is implemented by November 5, as decided by the government. Daily Current ...

Reserve Bank of India (RBI) is going to conduct its first-ever Open Market Operation (OMO) purchase of State Developments Loans (SDLs) on 22nd October. Daily Current Affairs Quiz 2020 Key-Points The OMOs worth ten thousand crore rupees will be conducted as a special case during the ...

The Monetary Policy Committee of the Reserve Bank of India kept the repo rate unchanged at four per cent. The committee unanimously voted to keep rates unchanged, and decided to maintain its accommodative monetary policy stance to support growth amid the pandemic. Daily Current Affairs Quiz ...