Latest data from RBI shows that the central bank has an outstanding forward position of $10.38 billion Dealing with an unprecedented liquidity surplus for a longer period of time is tricky, especially when it impinges on foreign exchange interventions. But… Read more
Category: RBI Role towards Finance
Updates of RBI Role Towards Monetary Polices and Finance
In defence of the bank employee and the psu employee
Every bank – psu or private – has 2 sets of employees – one in the branches and one in the HO. The employees in the branches are client facing, have targets, and very rigorous work schedule. The employees in… Read more
Scholarship Scheme for Faculty Members from Academic Institutions
The Reserve Bank of India invites application as per prescribed format from full-time faculty members, teaching economics or finance in any University Grants Commission (UGC) or All India Council for Technical Education (AICTE) recognized Universities/Colleges in India to undertake short… Read more
Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 – Amended
The Government of India, in consultation with the Reserve Bank of India, had notified Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 vide notification no. S.O. 4061 (E) dated December 16, 2016. The deposit under this scheme shall be made… Read more
RBI to conduct 3 day, 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on April 21, 2017
The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on April 21, 2017, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Sl. No. Notified Amount (₹ billion) Tenor… Read more