India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
RBI ESTABLISHES SECOND SECURE DATA CENTRE IN ODISHA Why in the News? Infrastructure Expansion: Reserve Bank of India (RBI) has operationalised its second high-security data centre in Bhubaneswar, Odisha. Strategic Location: Facility is positioned away from cross-border threat zones and high seismic-risk areas to ensure operational resilience. STRATEGIC SIGNIFICANCE OF THE NEW DATA CENTRE Critical …
Read MoreRBI Boosts Liquidity Through OMOs and Swap: An Environmental Clearance Perspective Why in the News? The Reserve Bank of India (RBI) announced a major environmental clearance-like liquidity infusion through ₹2 trillion Open Market Operations (OMOs) and a $10 billion dollar-rupee swap, amid persistent liquidity deficit, rupee pressure, and elevated government bond yields. This move can …
Read MoreRBI’s Proactive Shift Reflects Economic Concerns Syllabus: GS-3: Banking Sector & NBFCs, Monetary Policy, Inclusive Growth Why in the News? The Reserve Bank of India (RBI) has adopted a reform-oriented approach to tackle emerging economic slowdown risks. Through regulatory relaxations and liquidity recalibration, the RBI seeks to stimulate credit growth while managing inflation expectations, indicating …
Read MoreBitcoin Soars Past $110K Amid US Crypto Bill Why in the News? Bitcoin reached an all-time high of $110,000 after the US Senate advanced the GENIUS Act, a bipartisan crypto regulation bill. The legislation focuses on stablecoin regulation, boosting investor confidence and signaling a pro-crypto shift in US policy. Impact on Bitcoin and Market Confidence: …
Read MoreRBI Approves Record ₹2.68 Lakh Cr Dividend Transfer Why in the News? The RBI Board approved a record surplus transfer of ₹2.68 lakh crore to the Central Government for FY 2024-25. This decision, under the revised Economic Capital Framework, will support fiscal consolidation amid domestic and global economic uncertainties. The move comes as part of …
Read MoreWhy in the news? The Reserve Bank of India (RBI) has increased penalties by 88% in the past three years, focusing on Know Your Customer (KYC) and Anti-Money Laundering (AML) violations. Urban and rural co-operative banks are the most frequent violators, paying substantial fines for non-compliance. source:investopedia About Reserve Bank of India: Role: RBI is …
Read More
