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].


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