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Central Board of RBI reviews current economic situation

Central Board of RBI reviews current economic situation
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Central Board of RBI reviews current economic situation

Central Board of RBI reviews current economic situation
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Odm Public School has Touched the Fantastic Mark Again with School Topper Securing 99% in Cbse Class Xii Result 2021

Odm Public School has Touched the Fantastic Mark Again with School Topper Securing 99% in Cbse Class Xii Result 2021
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Pandemic helped drive the goals of financial inclusion: Debasish Panda


Pandemic helped drive the goals of financial inclusion: Debasish Panda
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Last Updated: Jul 16, 2021, 07:47 AM IST
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“What we are doing now is bringing more, new-to-credit micro enterprises in the formal banking channel. We are taking help from fintechs, carving out innovative solutions for segments and geographies,” Debasish Panda said, adding that fintech firms are trying to connect alternative data points.
Debasish Panda, Financial Services Secretary
The pandemic underscored India’s disruptive progress on the touchstone of financial inclusion, with federal welfare payouts directly reaching the intended beneficiaries in a largely fraud-proof ecosystem undergirded by legacy lenders, nimble
fintech firms and pertinent digital regulations. “Financial inclusion was actually tried and tested in terms of scale and volume during the pandemic,” financial services secretary Debasish Panda said at the ET Financial Inclusion Summit. Reliance on the digital infrastructure largely cut out the scope of pilferage in the distribution of federal welfare packages, Panda said.

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Launch of BHIM-UPI in Bhutan to further strengthen bilateral ties : Nirmala Sitharaman

Launch of BHIM-UPI in Bhutan to further strengthen bilateral ties : Nirmala Sitharaman
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Nirmala Sitharaman expands scheme for Covid relief to health and tourism | India Business News

Nirmala Sitharaman expands scheme for Covid relief to health and tourism | India Business News
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Finance minister Nirmala Sitharaman expands scheme for Covid relief to health and tourism | India News

Finance minister Nirmala Sitharaman expands scheme for Covid relief to health and tourism | India News
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Booster dose: Govt unveils Rs 6.3-trillion package to spur growth

Booster dose: Govt unveils Rs 6.3-trillion package to spur growth
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RBI approves transfer of Rs 99,122 crore as surplus to Centre


RBI approves transfer of Rs 99,122 crore as surplus to Centre
This will be for the accounting period of nine months ended March 31. It has also decided to maintain the Contingency Risk Buffer at 5.50 per cent
BusinessToday.In | May 21, 2021 | Updated 13:32 IST
Rs 99,122 crore as surplus to Centre
The Reserve Bank of India Central Board has approved transfer of Rs 99,122 crore as surplus to the central government. This will be for the accounting period of nine months ended March 31. It has also decided to maintain the Contingency Risk Buffer at 5.50 per cent.
The decision was taken during the 589th meeting of the Central Board of Directors of Reserve Bank of India on Friday held through video conferencing.

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Banks Have Lost Over 1,000 Employees To Covid, Many More Infected: Report

Banks Have Lost Over 1,000 Employees To Covid, Many More Infected: Report
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