Tag archive for ‘Reserve Bank of India’
By gktoday On Thursday, September 13th, 2012

Business /Economic Current Affair updates

Reserve Bank of India, in its quarterly review, announced a cut in the Statutory Liquidity Ratio (SLR) for banks by one percentage point, to 23% from 24%. The cut in SLR, which is essentially the proportion of deposits More...

By gktoday On Friday, March 16th, 2012

Indan Bank Notes Features-What is a “star series” banknote

What is a “star series” banknote? Fresh banknotes issued by Reserve Bank of India till August 2006 were serially numbered. Each banknote bears a distinctive serial number along with a prefix. The prefix More...

By gktoday On Thursday, July 28th, 2011

Reserve Bank of India

.In which year RBI was nationalized  ? Ans . 1949  More...

By gktoday On Friday, January 28th, 2011

IndiaPay is India’s first indigenous payment gateway

IndiaPay is India’s first indigenous payment gateway and is scheduled to be launched in mid-2011. The National Payments Corporation of India (NPCI) is the owner of IndiaPay and will make its first move by cutting More...

By gktoday On Friday, January 14th, 2011

Banks to Allow Only One ATM Transaction Per PIN Entry

In order to check misuse of ATM cards by unauthorised people, RBI(Reserve Bank of India) has asked banks to allow only one transaction at ATM machines for one entry of PIN (Personal Identification Number) which More...

By gktoday On Wednesday, December 1st, 2010

RBI to introduce Plastic Notes

The RBI (Reserve Bank of India ) revealed its plan to introduce plastic Indian currency in the market to address the fake currency issue. Amarendra Sahu, Regional Director of RBI, Lucknow  said that stung More...