RBI’s new measures to improve liquidity in the banking system
The Reserve Bank of India (RBI) has announced new steps to ease the tight liquidity (cash) situation in banks. It will carry out OMO...
RBI Measures to Control Money Depreciation
Money depreciation indicates the economic degrowth of the country. In simple words, the value of the India Rupee has fallen by a certain percentage...
MLCR | RBI’s New Lending Rates System on Banking Loans
The Reserve Bank of India has released it’s much anticipated revised guidelines for calculating benchmark lending rates. These guidelines will allow banks to calculate...
RBI Withdraws ₹2 Lakh Crore From Banks Through 7-Day VRRR To Manage Liquidity
The Reserve Bank of India (RBI) held a Variable Rate Reverse Repo (VRRR) auction to absorb extra money from the banking system. The auction...
Advantages of Emerging Payments Banks in India
In past few days, internet news agencies and newspapers have been conveying many stories about payment banks. As it is a newly popularized concept for...
Old Rs. 500 and Rs. 1000 Notes will be Invalid from 9th November 2016
Prime Minister Mr Narendra Modi announced today that existing denomination of Rupees 500 and 1000 will invalid from midnight of 8 November, 2016 (Tuesday)....
RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures
RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL...
Effects of Demonetization in India
On 08 November 2016, Indian Prime Minster, Mr. Narendra Modi announced the demonetization of Rs.500 and Rs.1000 currency notes with effect from that midnight....
RBI directs banks on Cardless cash withdrawals at all ATMs
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance...
Centralized Positive Pay (CPPS) from 1st Jan 2021
In the recent past, it has been observed that incidence of Non Borrowal Frauds are in rise. Most of the frauds are done through...
