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Long Range Radio (LoRa)

Long Range Radio (LoRa): Institute for Development and Research in Banking Technology (IDRBT, an Institute under the RBI) has developed a new low-cost financial network to take banking to remote areas. LoRa technology is a wireless modulation technique in the physical layer, allowing long-range communication using a chirp spread spectrum. LoRa technology uses dedicated radios, […]

Southwest Monsoon

Southwest Monsoon: The southwest monsoon rainfall, 7% more than normal, has started to withdraw The India Meteorological Department (IMD) said that the system had begun retreating from parts of southwest Rajasthan and Kutch. The “normal” or average date of withdrawal from southwest Rajasthan was September 17. The withdrawal of the monsoon was based on meteorological […]

Asia-Pacific Institute Of Broadcasting Development (AIBD)

Asia-Pacific Institute Of Broadcasting Development (AIBD): India’s Presidency of the prestigious Asia-pacific Institute of Broadcasting Development (AIBD) has been extended for one more year. This was unanimously decided by the AIBD member countries at the two-day General Conference of the Institute held in New Delhi. The Asia-Pacific Institute for Broadcasting Development (AIBD) was established in […]

Directorate Of Enforcement

Directorate Of Enforcement: In the eight years from 2014, the Directorate of Enforcement (ED) has investigated 121 prominent politicians and has arrested, questioned, raided, or filed FIRs against 115 major Opposition leaders. The Directorate of Enforcement (ED) is a law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crime […]

Prompt Corrective Action Framework

Prompt Corrective Action Framework: Reserve Bank of India has removed the Central Bank of India from its Prompt Corrective Action Framework (PCAF) after the lender showed improvement in various financial ratios, including minimum regulatory capital and net non-performing assets (NNPAs). The Prompt Corrective Action norm is a supervisory tool and is imposed when a bank […]