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