Thu Jun 16 2022
RBI IN NEWS 2022 :-
🔶 RBI Reopens Voluntary Retention Route With Investment Limit Of Rs 2,50,000 Cr.
🔶 RBI 2nd Largest Buyer Of Gold In 2021.
🔶 RBI To Observe Financial Literacy Week 2022 : February 14-18.
🔶 RBI Cancels The Licence Of Nashik’s Independence Co-Operative Bank Limited.
🔶 Former RBI Governor Urjit Patel Quits As Britannia’s Additional Director.
🔶 RBI Imposed Restrictions On Indian Mercantile Cooperative Bank Ltd.
🔶 RBI Paper : Optimal Hedge Ratio For ECBs Is At 63%.
🔶 RBI Announces Digital Payments Index For September 2021.
🔶 RBI Released Annual Report Of Ombudsman Schemes, 2020-21.
🔶 RBI Approves Appointment Of Ittira Davis As MD & CEO Of Ujjivan SFB.
🔶 RBI Set Up A Separate Department For “FinTech”.
🔶 Former RBI Governor Urjit Patel Appointed As Vice President Of AIIB.
🔶 RBI Increased Banks’ LCR Maintenance On Funds Received.
🔶 RBI Issues Eligibility Norms For Entities Harnessing Credit Bureau Data.
🔶 RBI Data : Forex Reserves Decline By USD 1.466 Bn To USD 633.614 Bn.
🔶 RBI Cancelled Authorisation Certificates Of Muthoot Vehicle Finance, Eko India.
🔶 RBI Issued Framework For Offline Digital Payments.
🔶 RBI Named Ajay Kumar Choudhary And Deepak Kumar As New Executive Directors.
🔶 RBI : Airtel Payments Bank Gets Scheduled Bank Status 2022.
🔶 RBI Approved Fino Payments Bank For International Remittance Business.
🔶 RBI Extended Deadline For Periodic KYC Update Till March 31, 2022.
🏛 FACTS ABOUT RESERVE BANK OF INDIA [RBI] :-
♦️ Founded : 1 April 1935.
♦️ RBI Nationalised : 1 January 1949.
♦️ HQ : Mumbai, Maharashtra.
♦️ RBI set up : Hilton Young Commission.
♦️ 1st Governor : Sir Osborne Smith [Australia].
♦️ 1st Indian Governor : CD Deshmukh.
♦️ 25th Governor : Shaktikanta Das.
◾️ RBI Deputy Governor [4] :-
1. Tavarna Rabi Sankar
2. Mukesh Kumar Jain
3. Michael D Patra
4. M Rajeshwar Rao
🌐 Subsidiaries of RBI :-
🔷 Deposit Insurance and Credit Guarantee Corporation of India [DICGC].
🔷Bharatiya Reserve Bank Note Mudran Private Limited [BRBNMPL].
🔷 Reserve Bank Information Technology Private Limited [ReBIT].
🔷 Indian Financial Technology and Allied Services [IFTAS].
🔷 Reserve Bank Innovation Hub [RBIH].