Govt. Exams
Entrance Exams
The Retail Direct Scheme enables individuals to open accounts with RBI and purchase government securities directly, reducing intermediation costs.
ICICI Bank, HDFC Bank, Axis Bank, and State Bank of India are classified as D-SIBs and required to maintain higher capital buffers due to systemic importance.
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.
