Investments via P notes falling Subject :Economy Section: External Sector Context:Investment in the Indian capital markets through participatory notes (P-notes) declined to Rs 80,092 crore till June-end, making it the lowest level in 20 months Concept : What are P-Notes? P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to […]

    Central bank’s currency-market intervention strategy Subject :Economy Section:Banking Context: RBI prepared to spend $100 billion more defending rupee as the rupee has lost over 7% of its value in 2022 and weakened past the psychological level of 80 per US dollar. Details: The RBI’s currency reserves have fallen by more than $60 billion […]

    Cryptocurrency vs CBDC Subject :Economy Section: Banking Context: Phased implementation of CBDC for wholesale, retail segments in the works, says RBI ED Choudhary Cryptocurrency vs CBDC: Basis Cryptocurrency  Central Bank Digital Currency Meaning  Digital token issued  by a private institution or firm. Central bank digital currencies are digital tokens, similar to cryptocurrency but […]

    Don’t apply ESG blindlyon developing countries Subject :Economy Section: Banking Context:Chief Economic Adviser V. AnanthaNageswaran has asked global investors not to apply standards related to sustainability and Environment, Social and Governance (ESG) norms indiscriminately for developing countries, Concept : Environmental, Social, and Governance (ESG) is a criterion used by investors for screening companies. […]

    RBI new four-tiered regulatory framework for Urban Co-operative Banks (UCBs) Subject :Economy Section :Banking The RBI has decided to adopt a simple four-tiered regulatory framework for Urban Co-operative Banks (UCBs) based on size of deposits, with an aim to strengthen their financial soundness. Details: An expert committee, headed by former RBI deputy governor […]