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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RBI
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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RBI Digital Currency
Context: The Reserve Bank of India has been working on a phased implementation strategy for a CBDC and the
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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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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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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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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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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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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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