RBI committee for conversion of large NBFCs into banks – An Internal Working Group (IWG) of the Reserve Bank of India (RBI) has recommended the guarded entry of corporates into the banking space, conversion of big NBFCs into banks and hike in promoters’ stake to 26 per cent from 15 per cent. The IWG, headed …
No strategy is useful till it is successful… This strategy is based on the assumptions like – you have 5 to 8 hours a day and you have basic understanding of competitive examinations. Phase 1 Join any Test series for Phase 1-Attempt any 10-15 tests in one month. How to analyses your phase 1 attempts- …
Central Government to provide 50% subsidy for air transportation of fruits, vegetables from NE and Himalayan states – The Centre announced a scheme under which 50 per cent subsidy will be provided for air transportation of 41 notified fruits and vegetables from North East and Himalayan states to any place in the country. The subsidy …
Reserve Bank to evaluate impact of ‘RBI Kehta Hai’ awareness campaign – RBI’s multi-media public awareness campaign RBI Kehta Hai was launched in 14 languages to educate public about safe banking and financial practices. ‘RBI Kehta Hai’ was the first even 360-degree campaign initiated by the central bank using all mass media, including media such …
Reserve Bank of India is one of the premier place to work in this country. This is not only due to its importance in public policy but also the facilities it provides to it officers are one of the best in the market. Many of the aspirants are often confused by the salary structure of …
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India’s central bank is a full service organisation and, in addition to most of the functions of a typical central bank, performs certain other unique functions. The RBI has been constituted under the RBI Act, 1934. The legal backing for the functions of the RBI are not only confined to the provisions of the RBI …
What is corporate governance? “Corporate governance is the acceptance by management of the inalienable rights of shareholders as the true owners of the corporation and of their own role as trustees on behalf of the shareholders. It is about commitment to values, about ethical business conduct and about making a distinction between personal and corporate …
Coverage – October 2020 RBI excludes six PSBs from Second Schedule of RBI Act; cites merger – RBI excluded six public sector banks, Syndicate bank, Oriental bank of Commerce, United Bank of India, Andhra Bank, Corporation Bank and Allahabad Bank from the second schedule of the RBI Act following merger with other banks A bank …
The following article is based on a survey done with in the selected candidates (70 respondents) of RBI Grade B 2019 examination. This is first of its kind survey as it will help us to understand a lot about this year’s selection criteria and what lies ahead. This survey is based on primary data and …
