RBI Recruitment | RBI Grade 'B' 2016-17 : PaGaLGuY

4,265 Posts  ·  22,754 Users
About this group

Join the discussion on RBI Recruitment and Get all the information about RBI Grade B Recruitment 2016-17, RBI Grade B Exam, RBI Grade B Salary and much more from our Jobs and Career section

Page 1 of 427

  

RBI Monetary Policy Highlights: Repo rate cut on hold; Shaktikanta Das unveils liquidity, stimulus measures

In a statement that sets out various developmental and regulatory policy measures to enhance liquidity support for financial markets and other stakeholders, the resolution of the Monetary Policy Committee (MPC) of RBI on Thursday stated about easing of financial stress caused by COVID-19 disruptions through liquidity management, regulation and supervision, financial inclusions and payments and settlements.Some measures include strengthening credit discipline to improve the flow of credit, deepen digital payments, augment customer safety in cheque payments, and facilitate innovation across the financial sector by leveraging on technology through an Innovation Hub. Here are the five major highlights of the Monetary Policy Statement: 

REVISED PRIORITY SECTOR LENDING TO INCLUDE START-UPS

The struggling startup community in India, currently facing a liquidity crunch, is pinning hopes on a revival after the Reserve Bank of India (RBI) announced that it will broaden the scope of Priority Sector Lending (PSL) to include them too.The announcement came after the RBI Governor Shantikanta Das called for a “policy-reorientation” to help startups that were facing funding challenges due to the COVID pandemic. Das had acknowledged that it has become imperative to re-orient the policy focus to aid the startups that would be critical for employment generation and overall economic growth.

DEBT RESTRUCTURING TO HELP INDIAN COMPANIES TO TIDE OVER COVID-19 CRISIS

The RBI’s plan to allow one-time debt restructuring and setting up an expert committee headed by former banker K V Kamath for corporate and personal loans resolution will provide much-needed relief to Indian companies once the moratorium on loans ends this month.A host of Indian companies led by airlines, hotels, travel and tourism, real estate and media are expected to fall into a financial crisis, as their cash flows dried up due to the nationwide lockdown announced by the Indian government to contain the Coronavirus pandemic.

INNOVATION HUB FOR THE FINANCE SECTOR IN INDIA

“The Innovation Hub will act as a centre for ideation and incubation of new capabilities which can be leveraged to create innovative and viable financial products and/or services to help achieve the wider objectives of deepening financial inclusion, efficient banking services, business continuity in times of emergency, strengthening consumer protection,” said the statement.The statement further informed about the Regulatory Sandbox framework being one such recent initiative in which Digital Payments were the first cohort. Six proposals were accepted under the Sandbox, the pilot studies/trials of which have been delayed on account of the present COVID-19 situation. Areas such as cybersecurity, data analytics, delivery platforms, payments services, etc., remain at the forefront when we think of innovation in the financial sector.The statement added that the Innovation Hub will support, promote, and hand-hold cross-thinking “spanning regulatory remits and national boundaries.”

RESTRUCTURING OF MSME DEBT

Recognising the need for continued support to MSMEs’ meaningful restructuring, it has been decided that, in respect of MSME borrowers facing stress on account of the economic fallout of the pandemic, lending institutions may restructure the debt under the existing framework, provided the borrower’s account was classified as standard with the lender as on March 1, 2020. This restructuring shall be implemented by March 31, 2021.

LOAN RESTRUCTURING MOVE TO PROVIDE A BREATHER TO REAL ESTATE

The RBI’s decision to extend a one-time restructuring term loans with up to 2 years moratorium is expected to provide a breather to stressed real estate developers and individual borrowers in the housing segment alike. The one-time restructuring of loans without classifying them as non-performing assets (NPAs) will be based on the recommendation of the expert committee steered by KV Kamath, said RBI. The central bank has also announced further liquidity infusion to the tune of Rs 5000 Crores to National Housing Board (NHB) which should be able to provide some relief during these times of crisis.“In order to shield the housing sector from liquidity disruptions under the prevailing conditions and augment the flow of finance to the sector, it has been decided to provide an additional standing liquidity facility (ASLF) of ₹5,000 crore to NHB – over and above ₹10,000 crores already provided – for supporting housing finance companies (HFCs). The facility will be for a period of one year and will be charged at the RBI’s repo rate, ” read the statement.  


GET COMPLETE 2020 RBI GR B MAINS PDF NOTES WITH UPDATIONS AT 1500/- ONLY.
FOR SAMPLES VISIT /www.facebook.com/groups/rbi.grade.b.prelim.main

 

JOIN www.facebook.com/groups/rbi.grade.b.prelim.main FOR NOTES
undefined
Write a comment
Write a comment...
Video Thumbnail83040528503266
undefined
Write a comment
Write a comment...
Video Thumbnail82211349056696
1 like
undefined
Write a comment
Write a comment...

Hello Everyone,

I have RBI Grade B-2020 Materials( Both Static and GK)which includes PDFs and more. If anyone want it,  please message here or Whatsapp me at 9597361968 for more detail

 

undefined
Write a comment
Write a comment...

 

Myths about ESI Paper of RBI Grade B Exam:

1.All Government Schemes from UPSC coaching websites

2.Last One Year Current Affairs.

3.India Year Book.

4.All reports/indices in news. 

Analysis of Last three years Paper of ESI of RBI Grade B Phase 2

https://youtu.be/8137u9D4-yo

Video Thumbnail82144284115066
undefined
Write a comment
Write a comment...

 

Demand and Supply for SEBI GRADE A 2020

Demand and Supply

For demand:

https://youtu.be/J69kK6WyO0E

For Supply:

https://youtu.be/WaRWe2FjToI

Register at our website and subscribe free content of PAPER 2 for SEBI GRADE A 2020.

For ease of accessing the study material use Google chrome browser.

https://www.crackgradeb.com/home/course/free-study-materials-for-sebi-grade-a/26

Video Thumbnail81814410329963Video Thumbnail81814410329963
undefined
Write a comment
Write a comment...

🔥Current Affairs Booster 2020🔥 Last 18 Months Current Affairs MCQ PDF.(January 2019 to June 2020) 300+ most important for Each month to cover all area. Detailed explanation with answer. Easy to study in Mobile.Best fit in any Screen Size. Click Below link to Download. 👇👇👇👇👇👇👇👇 https://imojo.in/gea70l

undefined
Write a comment
Write a comment...

 

RBI Grade B 2020 Phase 2 Study Material


Anybody here interested in study material for RBI Grade B 2020  drop  your mail, full coverage of Phase 2 subjects i.e. Economic and Social Issues, Finance and Management and Descriptive English, contact for more detail.


undefined
Write a comment
Write a comment...