Aug 2024

August 2024 current affairs

RBI to Launch Unified Lending Interface (ULI)

The Reserve Bank of India (RBI) will soon launch the Unified Lending Interface (ULI) across the nation, with the aim of transforming India's lending sector similarly to how the Unified…

RBI Monetary Policy Committee (MPC) Meeting August 2024: Key Takeaways

Policy InstrumentCurrent RatePrevious ChangeRepo Rate6.50%February 2023Reverse Repo Rate3.35%May 2020Marginal Standing Facility (MSF)6.75%February 2023Bank Rate6.75%February 2023Cash…

New Parliamentary Committees for 2024-25: Key Details and Leadership

Lok Sabha Speaker Om Birla has constituted six new Parliamentary Committees for the 2024-25 session.…

Innovative Bond Aims to Save the Amazon by Linking Returns to Carbon Removal

In a groundbreaking move to combat climate change, the World Bank has issued a nine-year,…

RBI Unveils Framework for Recognition of Self-Regulatory Organizations in Financial Markets

On August 19, 2024, the Reserve Bank of India (RBI) introduced the "Framework for Recognition…

Latest Aug 2024

Overview of the National Institutional Ranking Framework (NIRF) 2024

The National Institutional Ranking Framework (NIRF) is a ranking system developed by…

Krishi-Decision Support System: A Revolutionary Geospatial Platform for Indian Agriculture

The Krishi-Decision Support System (Krishi-DSS) is a pioneering geospatial platform specifically designed…

RBI Tightens Regulations for NBFC-P2P Lending Platforms

The Reserve Bank of India (RBI) has introduced stricter guidelines for Non-Banking…

RBI Governor Shaktikanta Das Earns Top A+ Rating in Global Finance’s 2024 Central Banker Report Cards

For the second year in a row, Reserve Bank of India (RBI)…

RBI Introduces Uniform Norms for Provisions of NPAs in Cooperative Banks

The Reserve Bank of India (RBI) has introduced new rules to standardize…

Launch of National Apprenticeship and Training Scheme (NATS) 2.0 Portal

On July 30, 2024, the Union Minister Dharmendra Pradhan, Ministry of Education…

RBI’s Report on Currency and Finance 2023-24: India’s Digital Revolution

The Reserve Bank of India (RBI) released its 'Report on Currency and…