Small Finance Bank: The Reserve Bank of India (RBI) has received applications from two more entities under the “on-tap” small finance bank licensing guidelines of 2019. An “on-tap” facility would mean the RBI will accept applications and grant licences for banks throughout the year. These are the financial institutions which provide financial services to the […]
Category: Economics Current Affairs
15th Finance Commission: Recommendation
15th Finance Commission: water and sanitation: Rs. 1,42,084 Crore tied grant to rural local bodies (RLBs)/ panchayats for water and sanitation for the five years 2021–22 to 2025–26, which has been recommended by the 15th Finance Commission, will have a huge impact on ensuring these services in villages and thus on public health and quality […]
National Monetisation Pipeline : NITI Aayog Recommendations
National Monetisation Pipeline (NMP): To make the National Monetisation Pipeline (NMP) a success, the government should give Income Tax breaks to attract retail investors into instruments such as Infrastructure Investment Trusts (InvITs), the NITI Aayog has recommended. The Centre’s think tank driving the NMP, estimated to raise almost ₹6 lakh crore for the exchequer over […]
Sovereign Gold Bond Scheme 2021-22 Series VI
Sovereign Gold Bond Scheme: The Reserve Bank of India (RBI) has announced the Sovereign Gold Bond Scheme 2021-22 Series VI, which will be open for subscription for the period August 30-September 3, 2021. About the Sovereign Gold Bond Scheme: The sovereign gold bond was introduced by the Government in 2015. Government introduced these bonds to […]
What is Sweat Equity?
Sweat Equity Rules: SEBI: The Securities and Exchange Board of India (SEBI) has brought into effect the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The regulations have widened the scope of employees who can be offered stock (equity) options. SEBI has merged the SEBI (Share Based Employee Benefits) Regulations, 2014 (SBEB Regulations) […]
SEBI Regulation, 2021 – Important Points
SEBI (Share Based Employee Benefits And Sweat Equity) Regulation, 2021 The Securities and Exchange Board of India has approved the merger of the SEBI (Share Based Employee Benefits) Regulations, 2014 (SBEB Regulations) and the SEBI (Issue of Sweat Equity) Regulations, 2002 (Sweat Equity Regulations) into the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, […]
EASE 4.0 – Important Points
EASE 4.0: Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman today unveiled the fourth edition of the Public Sector Bank (PSB) Reforms Agenda ‘EASE 4.0’ for 2021-22 – tech-enabled, simplified, and collaborative banking She also unveiled the annual report for the PSB Reforms Agenda EASE 3.0 for 2020-21. Public Sector Banks have reported […]
North Eastern Region (NER) District SDG Index Report 2021–22
North Eastern Region (NER) District SDG Index Report And Dashboard 2021–22: NITI Aayog and Ministry of Development of North Eastern Region (M/DoNER) will be launching the first edition of the North Eastern Region (NER) District SDG Index Report and Dashboard 2021–22 on 26 August 2021. The NER District SDG Index and Dashboard is a collaborative […]
National Monetisation Pipeline – Important Points
National Monetisation Pipeline The Union Finance Minister has launched the National Monetization Pipeline for the brownfield infrastructure assets. The NMP comprises a four-year pipeline of the Central Government’s brownfield infrastructure assets. Brownfield infrastructure is any previously developed asset that is not currently in use that may be potentially contaminated. The term is also used […]
Four-Tier Structure For The Urban Cooperative Banks (UCBs).
Four-Tier Structure For The Urban Cooperative Banks (UCBs): A Reserve Bank of India (RBI)-appointed committee has suggested a four-tier structure for the Urban Cooperative Banks (UCBs). In June 2020, the Central government approved an Ordinance to bring all urban and multi-state co-operative banks under the direct supervision of the RBI. In January 2020, the RBI […]
