Maintenance of Cash Reserve Ratio (CRR)
Cash Reserve Ratio (CRR) – Last year on 27.03.2020, RBI, vide its circular DOR.No.Ret.BC.49/12.01.001/2019-20, reduced the Cash Reserve Ratio of all banks by 100 basis points from 4.00 per cent to…
Expertise Yourself
Cash Reserve Ratio (CRR) – Last year on 27.03.2020, RBI, vide its circular DOR.No.Ret.BC.49/12.01.001/2019-20, reduced the Cash Reserve Ratio of all banks by 100 basis points from 4.00 per cent to…
RBI had announced in the ‘Statement on Developmental and Regulatory Policies’ issued as part of the Monetary Policy statement dated December 4, 2020 that with a view to strengthen and improve the…
RBI announced that the Sovereign Gold Bond Scheme 2020-21 – Series XI will be open for subscription for the period from February 01, 2021 to February 05, 2021. The nominal…
On 29th January 2021, the Reserve Bank of India (RBI) has cancelled the licence of Shivam Sahakari Bank Ltd, Ichalkaranji, Kolhapur, Maharashtra. Consequently, the bank ceases to carry on banking…
On 25th January 2021, The Reserve Bank of India released the Booklet on Payment Systems covering the journey of Payment and Settlement Systems in India during the second decade of the millennium,…