Entrance Exams
Govt. Exams
RBI mandates that banks conduct comprehensive security audits at least annually, with more frequent assessments for critical systems.
Masala Bonds are rupee-denominated bonds issued overseas with no fixed maximum tenure restriction, governed by FEMA guidelines.
UPI 2.0 introduced features like offline transaction capability and voice-enabled payments to enhance accessibility and user experience.
The IRDR Framework provides a structured approach for banks to resolve stressed assets and restructure debts to promote financial stability.
Basel III introduced the Capital Conservation Buffer (2.5%) and Countercyclical Buffer to ensure banks maintain capital above minimum levels during good times.
The Cash Reserve Ratio is maintained at 4.5% of Net Demand and Time Liabilities (NDTL) as per RBI's current monetary policy stance.
SLR requires banks to maintain a certain percentage of their net demand and time liabilities in the form of liquid assets like government securities.
The RBI targets a Consumer Price Index (CPI) inflation of 4% with a tolerance band of +/- 2%, resulting in a 2-6% target range.
Basel Accords (I, II, III) aim to strengthen the regulation, supervision, and risk management of banks to ensure financial stability.
RBI Payments Private Limited operates as a wholly-owned subsidiary of the Reserve Bank of India, managing critical payment infrastructure.