RBI IN NEWS 2020
🗼RBI directs HDFC bank to stop issuance of new credit cards
⛰RTGS system to be available on 24*7 basis from December 14, 2020
🏟Government appoints M Rajeshwar Rao as new deputy governor of RBI
⛲️RBI bars payment system operators from launching any new QR codes,two interoperable QR codes — UPI QR and Bharat QR.
🎡RBI creates Reserve Bank Innovation Hub to boost financial inclusion
🪁RBI puts Lakshmi Vilas Bank under moratorium
🍍RBI imposes Rs 1 crore penalty on Punjab National Bank, for violating
the Payment and Settlement Systems Act, 2007.
☁️ RBI to evaluate impact of ‘RBI Kehta Hai’ campaign in 14 languages
⚡️RBI imposes monetary penalty of Rs 22 lakh on DCB Bank for rule
violations
🍁RBI raises banks’ aggregate exposure limit to entities with turnover up to Rs 50 crore to Rs 7.5 cr Earlier this limit was Rs 5 cr for small businesses
🍀IndusInd Bank becomes first bank to go live on RBI’s ‘Account
Aggregator Framework’
🎋RBI signs $400 mn currency swap with Sri Lanka
🍄 RBI to launch “Positive Pay System” for Cheque Truncation System
💐RBI publishes “’Technology Vision for Cyber Security’ for UCBs
🌲RBI ceased Banking operations of Aditya Birla Idea Payments Bank
⛑RBI announces ‘positive pay’ feature to help avert cheque frauds
🧣RBI enhances withdrawal limit for PMC’ depositors to Rs 1 Lakh
🤳RBI launches “Payments Infrastructure Development Fund”
🙅🏻♂ RBI cancels licence of The CKP Co-operative Bank Ltd, Mumbai
🏌🏼♀RBI announces Rs 50,000 crore Special Liquidity Facility for Mutual
Funds
⚽️ RBI cancels the licence of Mapusa Urban Co-operative Bank of Goa
🛵RBI approved- additional special liquidity facility of Rs 5000 cr each for NHB & NABARD
🤟🏼RBI- extended loan of Rs 15,000 crore to the EXIM Bank
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