Economic Affairs

RBI grade b study material

Arth Vol 29

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 …

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maggubhai

Arth Vol 28

Coverage ( September 2020) 1.RBI extends WMA limit relaxations for six months The Reserve Bank of India (RBI) has decided to extend the interim relaxation in WMA (Ways and Means Advances) limits and OD (overdraft) regulations for States/ Union Territories (UTs) for another six months till March 31, 2021. Both these relaxations, which are aimed …

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