RBI CURRENT AFFAIRS

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1 RBI GUIDELINES ON MIN BAL TO BE APPLICABLE FROM 1 APR15:

2.Extensionof RTGS time window Timing on Weekdays / Regular Days

08:00 A.M. to 8.00 P.M..

Timing on Saturdays / Short Days

08:00 A.M. to 3.30 P.M.

3.RBI deadline to change

Pre 2005 notes has been extended to 30june 2015 from ist jan 2015.

4.GDP Q1 2014-15: 5.7%

5.GDP Q2 2014-15: 5.3%

6.INFLATION ON CPI 5.0%

7.INFLATION WPI 0.11%

8.Rbi cut off Repo Rate by 0.25 basis point.

Now

BANK RATE 8.75%

REPO RATE 7.75%

REVERSE REPO RATE 6.75%

MARGINAL STANDING FACILITY 8.75%

CRR 4%

SLR 22.0%

9.RBI recently signed an MoU with EUROPEAN centeral bank for cooperation in the field of Central
Banking.

10.Raghuram Rajan got best centeral bank governor award.

11.India's forex reserves up $236 million to $319 billion.

12.CAD

Q1-1.7%(April-June)

Q2-2.1%(July-Septe)

13.Under new rbi guidlines Banks may undertake insurance business by setting up a subsidiary/joint
venture.

14.GST implementation date is 1st April 2016.

15.Implementation of the Basel III is March 31, 2019.