Tag: RBI

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What are the key features of India’s draft climate finance taxonomy? How can it improve investor confidence in green sectors?

Topic: Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Q5. What are the key features of India’s draft climate finance taxonomy? How can it improve investor confidence in green sectors? (10 M) Difficulty Level: Medium Reference: TH Why the question: To direct investment towards clean-energy projects and infrastructure better adapted to weather threats from climate change, …

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Digital Transformation Award 2025

Source:  TOI Context: The Reserve Bank of India (RBI) has won the Digital Transformation Award 2025, presented by Central Banking, London. About Digital Transformation Award 2025: What is it? The Digital Transformation Award recognizes central banks and financial institutions for excellence in digital innovation and technology-driven governance. Presented by: Awarded by Central Banking, London, a …

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Quality of Public Expenditure

Syllabus: Economics Source:  IE Context: The Reserve Bank of India (RBI) recently released a study on the “Quality of Public Expenditure” (QPE) index, highlighting improvements in government spending efficiency since 1991. The report underscores the positive impact of fiscal discipline and increased capital expenditure on India’s economic growth and social development. What is Socio-Economic Expenditure? …

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UPSC CURRENT AFFAIRS – 10 December 2024

  UPSC CURRENT AFFAIRS – 10 December 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles   InstaLinks :  Insta Links help you think beyond the  current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …

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MuleHunter.AI

Source:  IE Context: Digital fraud in India’s financial sector is rising, with mule accounts aiding cybercrime. To combat this, the RBI has launched MuleHunter.AI, an AI-powered tool developed by its Innovation Hub in Bengaluru. About RBI MuleHunter.AI: What is MuleHunter.AI? Definition: MuleHunter.AI is an AI-driven solution designed to detect and mitigate mule bank accounts effectively. …

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RBI keeps REPO RATE unchanged

Syllabus: Indian Economy Source: TH Context: The Reserve Bank of India (RBI) has refrained from cutting the repo rate despite stable inflation rates. The repo rate, which influences loan EMIs, has remained unchanged since February 2023.   RBI Monetary Policy Meeting Summary: Repo Rate: Held steady at 6.5% for the ninth consecutive time. Inflation Drivers: Core inflation is moderate, but …

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Fraud Risk Management

Source: TH Context: The Reserve Bank of India (RBI) has revised its rules on fraud risk management for Regulated Entities (REs), including commercial banks, cooperative banks, NBFCs, and housing finance companies.   What are REs? REs, or Regulated Entities, refer to financial institutions that are under the regulatory oversight of the Reserve Bank of India …

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UPSC Current Affairs Quiz : 4 June 2024

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Variable Rate Repo (VRR)

Facts for Prelims (FFP)  Context: The Reserve Bank of India’s (RBI) variable rate repo (VRR) auction attracted significant interest from banks, with bids totalling ₹1,13,915 crore, surpassing the RBI’s offer of ₹50,000 crore. This underscores the growing demand for liquidity in the banking sector amid an estimated deficit of around ₹1.54-lakh crore.   Source: Hindu …

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[Mission 2024] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 10 July 2023

  InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to …

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Default loss guarantee (DLG)/ First Loss Default Guarantee (FLDG)

Facts for Prelims (FFP) Source: IE  Context: The RBI has allowed a Default loss guarantee (DLG) (also called first Loss Default Guarantee (FLDG), a safety-net arrangement among banks, non-banking finance companies (NBFCs) and lending service providers (LSPs).   LSPs: These are new-age technology platforms/ agents (of a bank or NBFC) in the lending space who …

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RBI’s Payment System Operators (PSOs) norms

  Source: ET  Context: The Reserve Bank of India (RBI) has released a draft of ‘Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators.   What are Payment System Operators (PSOs)? Payment System Operators (PSOs) are entities that facilitate the movement of funds between payers and payees in electronic payment …

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Green deposits

Source: IE  Context: Reserve Bank of India issued detailed guidelines for acceptance of ‘green deposits’ by banks and NBFCs. Framework for ‘Green Deposits’: