Green deposits regulatory framework by RBI
Context Recently, the Reserve Bank of India (RBI) came up with a regulatory framework for banks to accept green deposits from customers. Under the new framework, banks that accept green…
Context Recently, the Reserve Bank of India (RBI) came up with a regulatory framework for banks to accept green deposits from customers. Under the new framework, banks that accept green…
Context The guidelines, known as ‘IS 18149:2023 - Transportation of Dangerous Goods — Guidelines’, have been formulated under the Transport Services Sectional Committee, SSD 01, of BIS, and are expected…
Context Launched in November 2019, SWAMIH investment fund has raised Rs 15,530 crore so far with an aim to provide priority debt financing for the completion of stressed, brownfield and…
Context The National Stock Exchange of India received the final approval from the markets regulator Securities and Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE). What…
Context India has introduced a draft to launch a global initiative MIIRA to encourage the consumption and production of millet. About MIIRA Initiative The draft of the proposed initiative MIIRA…
SBI, BoB, IOB have raised MCLR Context Following the 25 basis points (bps) hike in repo rate by the Reserve Bank of India, multiple lenders have raised their marginal cost of…
Context After China, India will become the second country in the world to start the T+1 settlement (‘trade-plus-one’) cycle in top listed securities bringing operational efficiency, faster fund remittances, share…
Context Recently, the Reserve Bank of India (RBI) has put on hold licensing of the New Umbrella Entity (NUE) network, a fintech institution planned as a rival to National Payments…
Private Mining Of Rare Earth Metals Context The Confederation of Indian Industry (CII) has urged the government to encourage private mining in the sector and diversify supply sources to reduce…
Context The Union government has granted the Geographical Indication (GI) tag to 9 products from across the country, including the Gamosa of Assam; Alibag White Onion from Maharashtra; Ladakh Raktsey…