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UCB gold loan: RBI doubles limit to Rs 4 lakh- o The Reserve Bank of India (RBI) has announced an increase in the monetary ceiling of gold loans that can be granted under the bullet repayment scheme from Rs 2 lakh to Rs 4 lakh for urban co-operative banks (UCB) who have met the overall PSL target and sub-targets as of March 31. NBFCs in middle, base layer can offset risks- o The Reserve Bank of India has allowed non-banking financial companies (NBFCs) in the middle and base layer to offset their exposures with eligible credit risk transfer instruments. Earlier, only NBFCs in the upper layer were allowed to make such offsets. CoF tokenisation facility at issuer bank level – o The Reserve Bank of India has proposed to introduce card-on-file (CoF) token creation facilities directly at the issuer bank level. At present, CoF tokens can only be created through merchant’s applications or on their web page. The measure will enhance convenience for cardholders.
The Reserve Bank of India’s stress test results reveal that scheduled commercial banks (SCBs) are well-capitalised and capable of absorbing macroecono...
Which cyclone impacted the coasts of West Bengal and Odisha in late October 2024?
What is the primary objective of the two - day tribal orientation program " Adi Vyakhyan " inaugurated by Union Minister Arjun Munda?
Which state has announced Vinaya Samarasya Yojana, an awareness programme meant to eradicate untouchability in Gram Panchayats across the state?
What was the core inflation rate (excluding food and energy) in March 2025?
The Securities and Exchange Board of India (SEBI) has opened the doors for asset management companies (AMCs) to become 'self-sponsored', while adding to...
In which year was India’s first official census survey undertaken?
The GDP (Gross Domestic Product) comes under which ministry?
Adani Ports receives NCLT approval to acquire ______ in Gangavaram Port.
In the 2024 Best Countries ranking by US News & World Report, what rank did India achieve in the "Cultural Influence" category?