Caution by RBI on Loan Waiver Advertisements Subject : Economy Section: Monetary Policy The Reserve Bank of India (RBI) issues a caution to the public. Misleading Advertisements: RBI notices misleading ads on loan waiver offers in print and on social media. Entities actively promoting such campaigns. Service Fee Scam: Reports of entities charging […]

    RBI’s Monetary Policy Review Highlights Subject : Economy Section: Monetary Policy Policy Rate Unchanged: The Reserve Bank of India (RBI) has maintained the policy rate at 6.5%, marking the fifth consecutive time without a change. The decision is driven by the central bank’s vigilant stance on inflation. Liquidity Management Tools Adjusted: RBI has […]

    RBI’s Agreement with Bank of England for CCIL Matter Subject : Economy Section: Monetary Policy Recognition of RBI’s Regulatory Role: RBI Governor Shaktikanta Das highlighted the agreement with the Bank of England during the recent monetary policy statement. The agreement recognizes the RBI as the principal regulator of Clearing Corporation of India (CCIL). […]

    Rs 5 lakh UPI limit for payment to hospital and educational institution Subject: Economy Section: Monetary Policy Context: Rs 5 lakh UPI limit for payment to hospital and educational institution More about the news: The Reserve Bank of India (RBI) has announced several regulatory measures in the UPI and fintech ecosystem, along with […]