Entrance Exams
Govt. Exams
FSDC coordinates among RBI, SEBI, IRDAI, and other regulators for financial stability.
A Scheduled Bank must have minimum paid-up capital and reserves of Rs. 5 lakh as per RBI definitions.
Banks conduct stress tests on a quarterly basis as per RBI guidelines and IBA framework.
UPI 2.0 introduced offline transaction capability allowing payments without internet connectivity.
Branch location is not a factor in risk weighting. Nature of borrower, maturity, and collateral are key factors.
RBI maintains the SLR requirement at 18% with recent adjustments around 20% for specific instruments.
RBI mandates that commercial banks allocate at least 18% of total advances to agriculture.
The Banking Regulation Act, 1949 is the primary statute governing banks in India.
The reverse repo rate is typically 50 bps below the repo rate, set at 6.00% in 2024-2025.
GST was implemented in India from July 1, 2017 (2017-18 financial year).