RBI

General Studies IIIEconomyRBI

Reserve Bank Innovation Hub (RBIH)

Context: Reserve Bank of India (RBI) governor Shaktikanta Das  inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru recently. About Reserve

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General Studies IIIEconomyRBI

UPI123Pay

Context: The Reserve Bank of India has recently launched two key initiatives named UPI123Pay- Option to make Unified Payments Interface

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General Studies IIIEconomyRBI

Ban on cryptocurrency in India

Context: Earlier this month, the RBI told its board that a ‘complete Ban on cryptocurrency in India was needed as partial

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General Studies IIIEconomyRBI

RBI Retail Direct Scheme and integrated ombudsman scheme

Context: Prime Minister Narendra Modi has launched two new initiatives of RBI, the Retail Direct Scheme and the Integrated Ombudsman

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General Studies IIIBankingEconomyRBI

Small Finance Bank

Context: Recently, the Reserve Bank of India (RBI) has received applications from two more entities under the “on-tap” small finance bank licensing guidelines of

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General Studies IIIEconomyRBI

Government Securities Acquisition Programme (GSAP 2.0)

Context: Recently, the Reserve Bank of India (RBI) has announced that it will conduct an open market purchase of government securities of Rs 25,000 crore

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General Studies IIIBankingEconomyRBI

Central Bank Digital Currency (CBDC)

Context: The Reserve Bank of India is likely to soon kick off pilot projects to assess the viability of using digital

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General Studies IIIBankingEconomyRBI

RBI barred three foreign card payment network firms

Context: Recently, the Reserve Bank of India (RBI) has barred three foreign card payment network firms – Mastercard, American Express and Diners Club —

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General Studies IIIEconomyRBI

Monetary Policy Committee (MPC)

About Monetary Policy Committee (MPC): The Monetary Policy Committee (MPC) is a committee constituted by the Reserve Bank of India and led

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