✅QUICK REVISION PART 01 BANKING AND FINANCE (1-15 NOVEMBER)
The Reserve Bank of India (RBI) introduced a streamlined operational framework to allow foreign portfolio investors (FPIs) to convert their investments to foreign direct investment (FDI) when equity holdings in Indian companies surpass the prescribed 10% limit.
There were 16.58 bn UPI transactions worth Rs.23.5 trn in October , the highest numbers for the digital system since it became operational in April 2016
Sebi proposes doubling threshold for 'High value debt- listed entities ' to Rs.1,000 crore
Markets regulator SEBI has proposed a minimum ticket size or investment threshold of ₹1 crore for the RBI-regulated originators and unregulated entities engaged in securitisation activitie
Cashfree Payments has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India (RBI).
Only those companies incorporated in India and have a minimum paid-up capital of Rs. 5 crore and minimum positive net worth of Rs. 5 crore at all times are permitted to issue Prepaid Payment Instruments (PPIs) in India. Subject to reach Net Worth of INR 15 Crore by the end of 3rd Financial Year of Authorization.
The ministry of statistics and programme implementation (MoSPI) from this month will release the Consumer price index (cpi) and index of industrial production (iip) on the 12th of each month at 4 PM , instead of 5:30 PM (90 min reduced)
October 2024 gst collection second highest ever
First Highest April 2024- 2,10,267 lakh crore
Second Highest October 2024- 1,87,346 lakh crore
Third Highest April 2023- 1,87,035 lakh crore
Fourth highest July 2024- 1,82,075 lakh crore
NPCi pankaj Triphati main moorakh nhi hun
CoinDCX appoints Gautam Gambhir as brand ambassador for 'learn Karo.Cryptp karo' campaign
Reliance industries will be setting up 500 compressed bio gas plants with an investment of Rs.65,000 cr in Andhra Pradesh over the next four-five years
The RBI finally awarded Star India the tender for Rs 6.5 crore to bring the project to life. RBI envisioned a five-episode web series, each episode approximately 25-30 minutes long, to commemorate its 90-year journey.
Ujjivan small finance Bank preparing to be universal bank, will apply to RBI by March 2025
Singapore airlines now owns 25.1% stake in Air India
L& T's Rs.2,000 crore data centre in Tamil Nadu to be commission
DBS Bank nominates Rajat Verma to be next India ceo
World Bank to lend Rs.15,000 cr money for Amaravati development
RBI has slapped a Rs.59.20 lakh fine on South Indian Bank for non-complying with regulations related to interest rate on deposit and customer service
World Bank has increased its lending capacity by 50% through balance sheet optimisation, aiming to provide $ 150 billion over the next decade
The State Bank of India, India's largest public sector bank, is planning to raise up to $1.25 billion, marking the biggest dollar-denominated loan in the country's financial sector.
ADB increases its climate finance by up to $7.2 bn after US, Japan give world's first sovereign guarantees
The Reserve Bank of India (RBI) introduced a streamlined operational framework to allow foreign portfolio investors (FPIs) to convert their investments to foreign direct investment (FDI) when equity holdings in Indian companies surpass the prescribed 10% limit.
There were 16.58 bn UPI transactions worth Rs.23.5 trn in October , the highest numbers for the digital system since it became operational in April 2016
Sebi proposes doubling threshold for 'High value debt- listed entities ' to Rs.1,000 crore
Markets regulator SEBI has proposed a minimum ticket size or investment threshold of ₹1 crore for the RBI-regulated originators and unregulated entities engaged in securitisation activitie
Cashfree Payments has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India (RBI).
Only those companies incorporated in India and have a minimum paid-up capital of Rs. 5 crore and minimum positive net worth of Rs. 5 crore at all times are permitted to issue Prepaid Payment Instruments (PPIs) in India. Subject to reach Net Worth of INR 15 Crore by the end of 3rd Financial Year of Authorization.
The ministry of statistics and programme implementation (MoSPI) from this month will release the Consumer price index (cpi) and index of industrial production (iip) on the 12th of each month at 4 PM , instead of 5:30 PM (90 min reduced)
October 2024 gst collection second highest ever
First Highest April 2024- 2,10,267 lakh crore
Second Highest October 2024- 1,87,346 lakh crore
Third Highest April 2023- 1,87,035 lakh crore
Fourth highest July 2024- 1,82,075 lakh crore
NPCi pankaj Triphati main moorakh nhi hun
CoinDCX appoints Gautam Gambhir as brand ambassador for 'learn Karo.Cryptp karo' campaign
Reliance industries will be setting up 500 compressed bio gas plants with an investment of Rs.65,000 cr in Andhra Pradesh over the next four-five years
The RBI finally awarded Star India the tender for Rs 6.5 crore to bring the project to life. RBI envisioned a five-episode web series, each episode approximately 25-30 minutes long, to commemorate its 90-year journey.
Ujjivan small finance Bank preparing to be universal bank, will apply to RBI by March 2025
Singapore airlines now owns 25.1% stake in Air India
L& T's Rs.2,000 crore data centre in Tamil Nadu to be commission
DBS Bank nominates Rajat Verma to be next India ceo
World Bank to lend Rs.15,000 cr money for Amaravati development
RBI has slapped a Rs.59.20 lakh fine on South Indian Bank for non-complying with regulations related to interest rate on deposit and customer service
World Bank has increased its lending capacity by 50% through balance sheet optimisation, aiming to provide $ 150 billion over the next decade
The State Bank of India, India's largest public sector bank, is planning to raise up to $1.25 billion, marking the biggest dollar-denominated loan in the country's financial sector.
ADB increases its climate finance by up to $7.2 bn after US, Japan give world's first sovereign guarantees